You are here: Home » PTI Stories » National » News
Business Standard

Advance authorisation scheme: Govt extends till March 31 exemption to imports

Press Trust of India  |  New Delhi 

The government Thursday extended till March 31 exemption to imports from integrated tax and compensation under the advance authorisation scheme.

This exemption had ended in October last year.

A clause in the foreign trade policy was amended "to remove pre-import condition to avail exemption from integrated tax and compensation cess" and the tax and is also "extended to deemed supplies," the directorate (DGFT) said in a notification.

Advance authorisation is issued to allow duty-free import of input, which is physically incorporated in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 10 2019. 21:06 IST
RECOMMENDED FOR YOU