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of <h1>India Amends Customs Rules to Extend Tax Exemptions for Imports Under AA/EPCG/EOU Schemes Effective June 30, 2022.</h1> The Government of India, through the Ministry of Finance, has issued Notification No. 37/2022-Customs to amend existing customs notifications, aiming to continue the exemption from Integrated Tax and Compensation Cess on goods imported under the AA/EPCG/EOU Schemes. The notification, effective from June 30, 2022, omits specific clauses from several previous notifications dated between 2003 and 2016. These amendments are made under the authority of the Customs Act, 1962, to align with public interest considerations and ensure that exemptions are subject to specified conditions.
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