New rules for Export Units' imports delayed till 2024 after concerns raised.

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Full Text of the Document

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....This circular addresses the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 for Export Oriented Units (EOUs). Representations were received from EOUs and Export Promotion Councils regarding difficulties faced in registration, generation of IIN details, and utilization of continuity bonds, which could delay clearance of goods. Considering stakeholder requests, the implementation of the relevant circular has been deferred for EOUs until September 25, 2024. Field formations are instructed to issue suitable public notices and address any difficulties arising during implementation.....