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<h1>Deferred Payment of Import Duty Rules, 2016: Eligible Importers Can Delay Duty Payments; Non-compliance Risks Losing Privileges.</h1> The Deferred Payment of Import Duty Rules, 2016, effective from November 16, 2016, allow eligible importers to defer import duty payments under specific conditions. Eligible importers must notify the relevant customs authority of their intent to use this benefit. Duties for goods listed in the Bill of Entry must be paid by specified dates, with electronic payment as the standard method. Failure to pay duties on time more than once in three months results in the loss of deferred payment privileges. These rules do not apply to goods not declared or assessed under the Customs Act, 1962.