The Central Board of Indirect Taxes and Customs has issued Notification No. 99/2022 Customs (N.T.) dated 29th November, 2022 to extend the exemption from Integrated Tax and Compensation Cess on goods imported against AA/EPCG authorizations till 31st March 2022.
The notification states that "In exercise of the powers conferred by sub-section (4) of section 51A of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs, on being satisfied that it is necessary and expedient to do so, hereby amends the notification No.19/2022-Customs (N.T.) dated the 30th March 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide S.O. 1512 (E), dated the 30th March, 2022, namely, - In the said notification, in clause 2, for the figures, letters and word "30th November, 2022", the figures, letters and word "1st April, 2023", shall be substituted."