CBIC extended the exemption from IGST and Cess to EOU’s, STP, EHTP Units till 31 March 2022

The CBIC vide Notification No. 19/2021-Customs, dated 30th March 2021 has extended the period of exemption granted to Export-Oriented Units (“EOU”), Software Technology Parks (“STP”) units, Electronic Hardware Technology Park (“EHTP”) units etc. from payment of Integrated Goods and Services Tax (“IGST”), and compensation cess on the supplies of specified goods, from 31st March 2021 to 31st March 2022, by amending the Notification No. 52/2003 – Customs dated 31st March 2003.

The extract of the notification is as below:

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

Notification No. 19/2021-Customs

       New Delhi, the 30th March 2021

G.S.R. (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 that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 52/2003-Customs, dated the 31st March, 2003, published in the Gazette of India, Extraordinary, vide number G.S.R. 274 (E), dated the 31st March, 2003, namely:-

In the said notification, in the opening paragraph, in the proviso, for the figures, letters and words “1st day of April, 2021”, the figures, letters and words “1st day of April, 2022” shall be substituted.

[F.No. DGEP/SEZ/09/2017(Pt-2)]

( Rajeev Ranjan )

Under Secretary to the Government of India

Note:-The principal notification No. 52/2003-Customs, dated the 31st March, 2003 was published in the Gazette of India, Extraordinary, vide number G.S.R. 274 (E), dated the 31st March, 2003 and last amended by notification No. 16/2020-Customs, dated the 24th March, 2020, published vide number G.S.R 213(E), dated the 24th March, 2020.