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The Economic Times

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CBIC introduces deferred customs duty payment facility for manufacturers-importers

The Central Board of Indirect Taxes and Customs is launching a new facility for manufacturer importers. Approved companies can now defer customs duty payments. This move aims to boost cash flow and support domestic manufacturing. The scheme will be operational from April 1, 2026, to March 31, 2028. Eligible firms will pay duties monthly instead of at clearance.

2 Mar 2026 12:33 am