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Central Govt's Key Decision: Companies Get Working Capital Relief, No Immediate Customs Duty Payment
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Customs Duty Deferral: Big Relief for Manufacturers, Boosts Working Capital
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News18
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02-03-2026, 14:24
Customs Duty Deferral: Big Relief for Manufacturers, Boosts Working Capital
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CBIC allows eligible manufacturing companies to defer customs duty payments on imported goods.
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New 'Eligible Manufacturer Importers' can clear goods without immediate duty payment, paying monthly.
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Scheme effective from April 1, 2026, to March 31, 2028, extending benefits beyond top-tier AEOs.
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Eligibility requires good compliance under Customs and GST, minimum turnover, and financial stability.
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Aims to improve cash flow, reduce financial pressure, and strengthen the 'Trusted Trader' framework.
Read Full Article on News18 in Telugu
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