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of <h1>India Extends IGST and Compensation Cess Exemptions for Advance Authorisation, EPCG, EOU Schemes Until March 31, 2019.</h1> The Government of India has amended the Foreign Trade Policy 2015-2020 to extend the exemption from Integrated Goods and Service Tax (IGST) and Compensation Cess under the Advance Authorisation, EPCG, and EOU schemes. These exemptions, originally set to expire, have been extended until March 31, 2019. The specific amendments affect Paragraphs 4.14, 5.01(a), and 6.01(d)(ii) of the policy, ensuring that businesses operating under these schemes continue to benefit from tax exemptions for an additional period.
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