The CBIC vide Notification No. 19/2021-Customs, dated March 30, 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 March 31, 2021 to March 31, 2022, by amending the Notification No. 52/03-Cus., dated March 31, 2003.
The relevant portion of the amended notification now reads as below:
“(B) the integrated tax and compensation cess leviable thereon under sub-sections (7) and (9), respectively of section 3 of the said Customs Tariff Act:
Provided that nothing contained in clause (B) above shall apply on or after the 1st day of April, 2021, subject to the following conditions, namely:-
………………………..”
The Notification can be accessed at: https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-tarr2021/cs19-2021.pdf;jsessionid=414BD4CAB05F2DF1243C151F4CC45D2B