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<h1>Deferred payment of import duty permits eligible importers to pay customs duty by specified due dates subject to electronic payment rules.</h1> Notification prescribes Deferred Payment rules under section 47 proviso of the Customs Act, 1962: eligible importers must notify the Principal Commissioner/Commissioner to obtain permission; duty is payable by specified due dates linked to Bill of Entry return periods; payment is to be made electronically unless a written exemption is granted; repeated defaults within three months disqualify an importer from deferred payment until full duty and interest are paid; goods not assessed or not declared are excluded.