Under section 51 of the Customs Act, 1962 the ministry asks to extend the date of the command allowing clearance and loading of goods for export till 31st March 2021.
The government has the power under section 25(1) of the Customs Act, 1962 clarifies that it is important in the public interest to do so as the changed notification of the Government of India in the finance ministry on 14th February (Department of Revenue), No. 13/2020-Customs.
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.
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States that in the state of Extra Ad Hoc Incentive, an order authorising clearance and loading of goods for exportation under section 51 of the said Act has held on or after the 7th March 2019, and till 31st December 2019.
The government changed the notification states that for 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 replaced.
