EconomyMonday, 30 March 2026·https://testbook.com/current-affairs/30-march-2026-daily-current-affairs
CBIC outreach on Duty Deferment Scheme for Eligible Manufacturer Importers: launch dates and eligibility
CBIC held an outreach programme in New Delhi on the Duty Deferment Scheme for Eligible Manufacturer Importers under Union Budget 2026-27.
Key highlights
Direct fact
In March 2026, CBIC organised a hybrid outreach programme in New Delhi on the Duty Deferment Scheme for Eligible Manufacturer Importers (EMI), with the online portal becoming operational on 1 March 2026 and the scheme set to go live on 1 April 2026.
Key specifics
- The EMI scheme is valid for 2 years, from 1 April 2026 to 31 March 2028.
- It allows eligible manufacturer importers to clear imported goods without immediate upfront duty payment.
- Monthly settlement of duties is a core feature of the scheme.
- MSMEs are specifically included, and the scheme supports Make in India.
- Eligibility includes a valid IEC and at least 25 EXIM documents in the preceding financial year, or 10 for MSMEs.
Exam lens
Question type: Economy and customs policy, scheme dates, eligibility conditions. TNPSC may ask the launch date, validity period, and the minimum EXIM document requirement for MSMEs under EMI.