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of <h1>India Extends Tax Exemptions on Imports Under AA and EPCG Until March 31, 2022, per Customs Act 1962.</h1> The Government of India, through the Ministry of Finance, has extended the exemption from Integrated Tax and Compensation Cess on goods imported under Advance Authorization (AA) and Export Promotion Capital Goods (EPCG) authorizations until March 31, 2022. This extension is enacted under the powers of the Customs Act, 1962, and amends previous notifications from 2015 and 2016 by substituting the expiration date from March 31, 2021, to March 31, 2022. The amendments are detailed in various notifications, ensuring continuity of tax exemptions for eligible imports.
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