Extension of RoSCTL scheme validity from 31.03.2020 to 31.03.2021

Extension of RoSCTL scheme validity from 31.03.2020 to 31.03.2021 or until RoSCTL scheme is merged with RoDTEP scheme, whichever is earlier

MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 36/2020-Customs

New Delhi, the 5th October, 2020

G.S.R. 615(E).—In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of Government of India, in the Ministry of Finance (Department of Revenue), No. 13/2020-Customs, dated the 14th February, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number  G.S.R. 119(E), dated the 14th February, 2020, namely:-

In the said notification, in paragraph 2, in clause (1) in sub-clause (c), 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.

[F. No. 605/14/2020-DBK]

GOPAL KRISHNA JHA, Director (Drawback)

Note: The principal notification No. 13/2020-Customs, dated the 14th February, 2020 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 119(E), dated the 14thFebruary, 2020

• Capital gain on shares sold by an impermissible arrangement not exempt under DTAA
• CBIC extends export incentives to postal shipments from 15th January 2026
• SC issues directions to Committee of Creditors to protect interests of homebuyers
• Section 69C not applicable on addition for disallowance of expenditure of salary
• HC declines to direct ITD to investigate Tax Evasion Petition due to limitation