+
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
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code