EconomyMonday, 2 March 2026·The Hindu
CBIC defers customs duty payment for eligible manufacturer importers from 1 March 2026
CBIC introduced a deferred customs duty payment facility for eligible manufacturer importers, effective from 1 March 2026 to 31 March 2028.
Key highlights
Direct fact
On 1 March 2026, the Central Board of Indirect Taxes and Customs introduced a deferred customs duty payment facility for Eligible Manufacturer Importers, with the scheme remaining in force until 31 March 2028.
Key specifics
- The facility allows goods to be cleared without paying customs duty at the time of clearance.
- Duty payment is deferred and made on a monthly basis under notified guidelines.
- Online applications began on 1 March 2026 through www.aeoindia.gov.in.
- The scheme is limited to manufacturer importers meeting CBIC eligibility criteria.
- The objective is to reduce liquidity burden and improve working capital efficiency.
Exam lens
Economy MCQ focus: CBIC, deferred duty, 1 March 2026, 31 March 2028, manufacturer importers. TNPSC may ask the purpose of the scheme and its effective date.