EOU scheme : Exemption Extended to IGST and compensation Cess

By | March 26, 2018
(Last Updated On: March 26, 2018)

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE

NOTIFICATION No. 55 /2015-2020
NEW DELHI, DATED THE 23 March, 2018

Subject: Amendments to Foreign Trade Policy 2015-20 – Extension to Integrated Goods and Service Tax (IGST) and compensation Cess exemption under EOU scheme till 01.10.2018 – regd.

S.O(E): In exercise of powers conferred by Section 5 of FT(D&R) Act, 1992, read with Paragraph 1.02 of the Foreign Trade Policy, 2015-20, as amended from time to time, the Central Government hereby makes following amendments in Foreign Trade Policy 2015-20.

1. Exemption from Integrated Tax and Compensation Cess under EOU Scheme under Para 6.01 (d)(ii) of FTP 2015-20 is extended up to 01.10.2018.

Effect of this Notification: Para 6.01 (d)(ii) of Foreign Trad Policy 2015-20 is amended as above. 1

(Alok Vardhan Chaturvedi)

Director General of Foreign Trade

[Issued from File No. 01/92/180/63/AM18/PC-VI

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