The Government seeks to extend the date of the order permitting clearance and loading of goods for export under section 51 of the Customs Act, 1962 till 31st March, 2021.
The government empowered under section 25(1) of the Customs Act, 1962 on being satisfied that it is necessary in the public interest so to do, amended the notification of Government of India, in the Ministry of Finance (Department of Revenue), No. 13/2020-Customs, dated the 14th February, 2020.
The clause (1) in sub-clause (c) of the notification pertains to the duty credit in the scrip is issued against the export of the said goods under the RoSCTL scheme where the order permitting clearance and loading of goods for exportation under section 51 of the said Act has been made on or after the 7th March, 2019 and till 31st March 2020.
Provided that in case of Additional Ad Hoc Incentive, an order permitting clearance and loading of goods for exportation under section 51 of the said Act has been made on or after the 7th March, 2019, and till 31st December 2019.
The government amended the notification and said that for the figures, letters and word “31st March, 2020”, the figures, letters and words “31st March, 2021 or until such date the RoSCTL scheme is merged with the Remission of Duties and Taxes on Exported Products scheme, whichever is earlier”, shall be substituted.
Subscribe Taxscan Premium to view the Judgment
