https://www.taxtmi.com/circulars?id=64447 Extension of the deferred payment of Customs import duty to Authorized Public Undertakings (APUs) is authorised from the Notification dated 19.08.2020 and governed by the Deferred Payment of Import Duty Rules, 2016 (as amended). Eligible APUs-Government companies, statutory corporations, departments or autonomous bodies with IEC and requisite governmental recommendation-must apply to the Principal Commissioner/Commissioner, DIC, CBIC for a two-year approval (renewable). Approved APUs must obtain ICEGATE login, authenticate deferred-payment intent via OTP, indicate flag "D" on Bills of Entry for clearance, and remit duty by the due dates prescribed in rule 5, with monitoring and potential revocation for non-compliance. en-us Mon, 24 Aug 2020 00:00:00 +0530 Tue, 13 Oct 2020 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64447 Extension of the deferred payment of Customs import duty to Authorized Public Undertakings (APUs) is authorised from the Notification dated 19.08.2020 and governed by the Deferred Payment of Import Duty Rules, 2016 (as amended). Eligible APUs-Government companies, statutory corporations, departments or autonomous bodies with IEC and requisite governmental recommendation-must apply to the Principal Commissioner/Commissioner, DIC, CBIC for a two-year approval (renewable). Approved APUs must obtain ICEGATE login, authenticate deferred-payment intent via OTP, indicate flag "D" on Bills of Entry for clearance, and remit duty by the due dates prescribed in rule 5, with monitoring and potential revocation for non-compliance. Circulars Customs Mon, 24 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64447