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Exemption of IGST Compensation Cess on imported goods or procured by EOUs, STP Units, EHTP units etc., till June 30, 2022 Read the official notification below - MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 31st March, 2022 No. 18/2022-Customs G.S.R. 249(E).In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied tha
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1999
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3499
(Excl. of GST ₹629)
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4999
(Excl. of GST ₹899)
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FAQ :
The CBIC has extended the exemption of IGST and Compensation Cess on imported goods.
This exemption benefits Export Oriented Units (EOUs), STP Units, and EHTP units that procure goods under specified export incentive schemes.
The exemption is extended until June 30, 2022.
The exemption covers Integrated Goods and Services Tax (IGST) and Compensation Cess.
The relevant notification is No. 18/2022-Customs, dated March 31, 2022.
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