https://www.taxtmi.com/article/detailed?id=15978 Extension of deferred payment of customs import duty to Eligible Manufacturer Importers (EMI) creates a time bound facility (effective 01 April 2026 to 31 March 2028) under the proviso to Section 47(1) and Deferred Payment Rules, enabling manufacturers who meet operational, financial, tax and legal eligibility-including IEC, GST compliance, turnover and CA certified solvency-to defer duty. Applications are filed online, approved by the Directorate of International Customs, and activated in the customs system; ICEGATE nodal authentication and selection of a deferred payment flag are required for clearance, while monitoring and suspension powers are retained for non compliance. en-us Sat, 07 Mar 2026 08:40:43 +0530 Sat, 07 Mar 2026 08:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15978 Extension of deferred payment of customs import duty to Eligible Manufacturer Importers (EMI) creates a time bound facility (effective 01 April 2026 to 31 March 2028) under the proviso to Section 47(1) and Deferred Payment Rules, enabling manufacturers who meet operational, financial, tax and legal eligibility-including IEC, GST compliance, turnover and CA certified solvency-to defer duty. Applications are filed online, approved by the Directorate of International Customs, and activated in the customs system; ICEGATE nodal authentication and selection of a deferred payment flag are required for clearance, while monitoring and suspension powers are retained for non compliance. Articles Customs - Import - Export - SEZ Sat, 07 Mar 2026 08:40:43 +0530 https://www.taxtmi.com/article/detailed?id=15978