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of <h1>India Extends Tax Exemption on Imports Under AA and EPCG Schemes Until March 31, 2021, via Notification No. 18/2020-Customs.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 18/2020-Customs, extending the exemption from Integrated Tax and Compensation Cess on goods imported under Advance Authorization (AA) and Export Promotion Capital Goods (EPCG) schemes until March 31, 2021. This amendment modifies several previous notifications by replacing the expiration date of March 31, 2020, with March 31, 2021. This decision is made under the authority of the Customs Act, 1962, in the interest of public welfare. The notifications affected include those originally issued in 2015 and 2016, which were last amended in 2019.
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