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of <h1>Deferred Payment Notification Requirement Removed from Import Duty Rules 2016; Rule 4 Omitted, Rules Renumbered</h1> The Deferred Payment of Import Duty Rules, 2016, previously included a provision requiring eligible importers to notify the Principal Commissioner or Commissioner of Customs of their intent to benefit from deferred payment under section 47 of the Act. This notification was necessary for the authorities to verify the importer's eligibility and allow them to pay duties by specified due dates. This provision, originally part of Rule 4, was omitted as per Notification No. 79/2020-Customs (N.T.) dated August 19, 2020, leading to the renumbering of old Rules 5 to 8 as Rules 4 to 7.
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