CBIC Runs Outreach On Duty Deferment Scheme For Manufacturer Importers
ECONOMY & POLICY

CBIC Runs Outreach On Duty Deferment Scheme For Manufacturer Importers

The Central Board of Indirect Taxes and Customs (CBIC) organised a hybrid outreach programme in New Delhi to explain the Duty Deferment Scheme for Eligible Manufacturer Importers, a key trade facilitation measure announced in the Union Budget 2026-27. The event brought together officials, trade bodies, industry representatives and other stakeholders to examine the scheme's modalities and expected impact on domestic manufacturing. The session combined a detailed presentation with an interactive segment to address queries from the trade.

Senior CBIC and Customs officials participated in the outreach, and representatives from Delhi Customs and the Directorate also attended. The Member (Customs) explained that the scheme adopts a trust-based approach designed to speed clearances and reduce dwell time while seeking to minimise the trust deficit between authorities and industry. Other senior commissioners highlighted how the measure can improve import scheduling and working capital management for manufacturer importers.

The Duty Deferment Scheme permits eligible manufacturer importers to clear goods without upfront duty payment, with duties payable on a monthly basis, and extends inclusively to micro, small and medium enterprises. The initiative is intended to improve liquidity, strengthen supply chain efficiency and enhance global competitiveness, while aligning with the Make in India drive. Eligibility requires a valid import-export code, a minimum of 25 EXIM documents filed in the preceding financial year or 10 for MSMEs, demonstrable financial solvency, GST compliance with no pending returns and a clean compliance record.

Applications are submitted online through the Authorised Economic Operator (AEO) portal, which has been operational since 1 March 2026, and the process is fully digital with no physical interface. Approved applicants may avail the facility across all customs formations from 1 April 2026 and the scheme will remain valid for two years up to 31 March 2028. The CBIC emphasised its commitment to a transparent, efficient and globally competitive trade ecosystem through facilitation, technology and trust-based compliance.

The Central Board of Indirect Taxes and Customs (CBIC) organised a hybrid outreach programme in New Delhi to explain the Duty Deferment Scheme for Eligible Manufacturer Importers, a key trade facilitation measure announced in the Union Budget 2026-27. The event brought together officials, trade bodies, industry representatives and other stakeholders to examine the scheme's modalities and expected impact on domestic manufacturing. The session combined a detailed presentation with an interactive segment to address queries from the trade. Senior CBIC and Customs officials participated in the outreach, and representatives from Delhi Customs and the Directorate also attended. The Member (Customs) explained that the scheme adopts a trust-based approach designed to speed clearances and reduce dwell time while seeking to minimise the trust deficit between authorities and industry. Other senior commissioners highlighted how the measure can improve import scheduling and working capital management for manufacturer importers. The Duty Deferment Scheme permits eligible manufacturer importers to clear goods without upfront duty payment, with duties payable on a monthly basis, and extends inclusively to micro, small and medium enterprises. The initiative is intended to improve liquidity, strengthen supply chain efficiency and enhance global competitiveness, while aligning with the Make in India drive. Eligibility requires a valid import-export code, a minimum of 25 EXIM documents filed in the preceding financial year or 10 for MSMEs, demonstrable financial solvency, GST compliance with no pending returns and a clean compliance record. Applications are submitted online through the Authorised Economic Operator (AEO) portal, which has been operational since 1 March 2026, and the process is fully digital with no physical interface. Approved applicants may avail the facility across all customs formations from 1 April 2026 and the scheme will remain valid for two years up to 31 March 2028. The CBIC emphasised its commitment to a transparent, efficient and globally competitive trade ecosystem through facilitation, technology and trust-based compliance.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code