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of <h1>India Extends IGST and Compensation Cess Exemption for Advance Authorisation, EPCG Schemes Until October 2018.</h1> The Government of India has amended the Foreign Trade Policy 2015-2020 to extend the exemption from Integrated Goods and Services Tax (IGST) and Compensation Cess under the Advance Authorisation and Export Promotion Capital Goods (EPCG) schemes. This extension is valid until October 1, 2018. The amendments apply to Paragraph 4.14 for the Advance Authorisation Scheme and Paragraph 5.01(a) for the EPCG Scheme of the policy. These changes are enacted under the authority granted by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992.
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