CBIC extends Exemption of IGST and Compensation Cess on imported goods under FTP

CBIC extends Exemption of IGST and Compensation Cess on imported goods under FTP The Central Board of Indirect Taxes and Customs (CBIC) Vide Notification No. 19/2022-Customs dated 31st March 2022 extends exemption of IGST and Compensation Cess on imported goods under FTP 2015-2020 till June 30th 2022. The Notification is Given Below: G.S.R. 248 (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, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue), specified in column (2) of the Table below, in the manner as specified in the corresponding entry in column (3) of the said Table, namely:- To Read Notification Download PDF Given Below: