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of <h1>India Extends IGST and Compensation Cess Exemption for Export Oriented Units to October 2018, Amends Foreign Trade Policy.</h1> The Government of India has amended the Foreign Trade Policy 2015-20 to extend the exemption from Integrated Goods and Service Tax (IGST) and compensation cess under the Export Oriented Units (EOU) scheme until October 1, 2018. The amendment modifies Paragraph 6.08(b) to specify that sales in the Domestic Tariff Area (DTA) for certain services classified under GST Chapter Headings 9988 and 9989 will remain under Paragraph 6.08(a). At the time of DTA clearance, applicable GST and compensation cess will apply according to GST classification.
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