Circular No.ES/41/2022-23 1st July, 2022
To: Members of the Council
Sub: CBIC continues the exemption from Integrated Tax and Compensation Cess on goods imported under AA/EPCG/EOU Schemes
Dear Member,
We would like to inform you that CBIC has issued Notification No.37/2022-Cus. dated 30th June, 2022 by making further amendments in the following notifications in order to continue the exemption from Integrated Tax and Compensation Cess on goods imported against AA/EPCG authorizations:-
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S. No.
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Notification number and date
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Amendments
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1
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16/2015-Customs dated 1st April, 2015 - Implementation of EPCG Scheme under FTP 2015-2020
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In the said notification, in the opening paragraph, the proviso to clause (iii) shall be omitted.
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2
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18/2015-Customs dated 1st April, 2015-Implementation of Advance Authorization Scheme under FTP 2015-2020
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In the said notification, in the opening paragraph, clause (xiii), shall be omitted.
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3
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20/2015-Customs dated 1st April, 2015 -Implementation of Advance Authorization Scheme under FTP 2015-2020
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In the said notification, in the opening paragraph, clause (xiv) shall be omitted.
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4
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22/2015-Customs dated 1st April, 2015 -Implementation of Advance Authorization Scheme for export of prohibited goods under FTP 2015-2020
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In the said notification, in the opening paragraph, clause (xiii), shall be omitted.
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5
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45/2016-Customs dated 13th August, 2016 -Exemption for import of fabrics under Special Advance Authorization Scheme under para 4.04A of FTP 2015-20 for manufacture and export of garments.
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In the said notification, in the opening paragraph, clause (xii) shall be omitted.
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Members may kindly make a note of the above.
Thanking you,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR
