TaxTMI 
TaxTMI 
Extension of Deferred Payment of Customs Duty benefits to ‘Eligible Manufacturer Importer’ (EMI)
X X X X Extracts X X X X
X X X X Extracts X X X X
....ade available to the eligible EMIs with effect from 01.04.2026. 2. The facility of deferred payment of Customs import duty shall be governed by the Deferred Payment of Import Duty Rules, 2016, as amended. It is expected that the extension of this facility to the Eligible Manufacturer Importers shall expedite the Customs clearance of their imported goods at the Ports/Airports/ICDs. The facility shall be available to EMI till 31st March 2028 and it is expected that such approved EMI will be able to obtain AEO T2/T3 accreditations within such time which will enable EMI to have assured facilitation and priority treatment and avail other benefits available to AEO T2/T3. The existing benefits of AEO accredited entities will also be expanded. 3. The facility of deferred payment of Customs import duty shall be available to Eligible Manufacturer Importers which satisfy the following criterion: a. Manufacturer and Importer status: Must be an importer as defined under section 2(26) of the Customs Act, 1962 and must be a manufacturer as defined under section 2(72) of the CGST Act or; In case the applicant is not a manufacturer then he must be an importer sending their inputs/cap....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... of its GSTINs send the inputs/capital goods, without payment of tax, to a job worker for job work under the provision of Section 143 of the CGST Act, then the date of such GST Registration must be prior to 02 financial years from the date of application; h. GST compliance: The applicant must have filed all pending GSTR-3B returns in respect of all active GSTINs, which were due for filing as on the date of submission of the application for availing the facility; i. GST collected but not deposited: There must not be any instances of duty collected by the applicant but not deposited with the Government under the CGST Act, 2017; j. Central Excise and Service Tax collected but not deposited: There must not be any instances of duty collected by the applicant but not deposited with the Government under either the Central Excise Act, 1944 or Chapter V of the Finance Act, 1994; k. Insolvency/bankruptcy: An applicant must be financially solvent during the two financial years preceding the date of application. The applicant should not be listed currently as insolvent, or in liquidation or bankruptcy. The applicants must submit a Certificate issued by a Cha....
X X X X Extracts X X X X
X X X X Extracts X X X X
....turer Importer". Further, at the time of granting approval, the designated officer of DIC, CBIC shall update the details in the Customs Automated System to enable the facility of deferred payment of duty. No further action will be required by the EMI in order to avail the facility. 5. Upon approval, the nodal person appointed/authorized by the EMI shall obtain ICEGATE login following the procedure laid down in the Advisory on 'www.icegate.gov.in'. The same is available on the following link (https://www.icegate.gov.in/guidelines/registration-2). The contact details of such nodal person shall be provided in ICEGATE login for verification and authentication. The nodal person shall authenticate all Customs related transactions on behalf of the EMI. 6. The eligible EMI intending to make deferred payment of Customs import duty shall indicate the same using flag "D" in the Payment Method Column of the Bill of Entry filed. In order to ensure that the facility of deferred payment of Customs import duty is availed only by the eligible importer, an option has been provided in ICEGATE login for the nodal person on behalf of the EMI, to acknowledge such intent and authenticate it using O....
X X X X Extracts X X X X
X X X X Extracts X X X X
....articulars Details Documents to be submitted 1 Importer Exporter Code (IEC) IEC copy 2 Legal name of the Applicant: (as mentioned in the Permanent Account Number) Copy of PAN 3 Address of the Applicant (as per IEC) 4 Permanent Account Number (PAN): (enter PAN of the applicant; in case of proprietorship concern, PAN of the individual) Copy of PAN 5 Trade name, if any, as per GSTIN Copy of PAN 6 Constitution of business (please select the appropriate one) Proprietorship Partnership Private Limited Company Public Limited Company Limited Liability Partnership Public Sector Undertaking Government Department Hindu Undivided Family Others (please specify) 7(a) Is the applicant an MSME? Yes/No 7(b) If yes, please indicate the UDYAM Registrati....
X X X X Extracts X X X X
X X X X Extracts X X X X
....TR 9C 13(c) GSTIN 3... Copy of last filed GSTR 9C Total 14 Annual aggregate GST paid in the last F.Y for all the GSTIN under the PAN. (GSTIN-wise details should be provided for all the GSTINs) 14(a) GSTIN 1 Copy of last filed GSTR 9C 14(b) GSTIN 2 Copy of last filed GSTR 9C 14(c) GSTIN 3... Copy of last filed GSTR 9C Total 15 Whether the applicant is a manufacturer as defined under section 2(72) of the CGST Act, 2017? (If Yes, then fill details in PART B) (If No, then fill details in PART C) Yes/No Part B: To be filled by an applicant that is an importer and also a manufacturer as defined under section 2(72) of the CGST Act, 2017 Note: The applicant must have at least one active GSTIN, which must have declared in para 16(d) or 20(d) of the REG-01, the nature of activity as 'factory/man....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ct, 2017) Sr. No Particulars Details Documents to be submitted 18(a) Whether any one of the GSTINs pertaining to the applicant sends their inputs/capital goods, without payment of tax, to a job worker for job work under the provision of Section 143 of CGST Act? (Yes or No) 18(b) If yes, please provide the GSTIN of one such GSTIN as referred in Sl No 18(a) 18(c) Date of commencement of the Business of the above GSTIN referred in Sl No 18(b) (Date of GST Registration) Copy of GST Registration Certificate 18(d) Whether the above GSTIN have filed the last two halfyearly GSTR ITC-04 returns? (Yes or No) GST ITC-04 Return 18(d) (i) First half year preceding the date of application. MM-MYYYY to MMM- YYYY 18(d) (ii) Date of filing of the ITC-04 Date GST ITC-04 Return 18(d) (iii) Second half year preceding the dated of application MMM-YYYY to MMM- YYYY 18(d) (iv) Date of filing of the ITC-04 Date GST ITC-04 Return 18(e) Whether the job worker ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....;in the prescribed form 21(b) Specify reasons in case the net current assets are not positive 100 Words 22 Whether the applicant or its proprietor (in case of the proprietorship firms) or any of its partners (in case of the partnership firms) or any of its Board of Directors/Directors have been arrested or convicted for an offence under the Customs Act, 1962, the Central Excise Act, 1944, Chapter V of the Finance Act, 1994, or the CGST/SGST Act, 2017, or any other law for the time being in force? (Yes/ No) 23 Whether there is any pending prosecution against the applicant/Proprietor/partner/Directors for an offence under the Customs Act, 1962, the Central Excise Act, 1944, Chapter V of the Finance Act, 1994, or the CGST/SGST Act, 2017, or any other law for the time being in force? (Yes/ No) PART E: DETAILS OF PREVIOUS APPLICATIONS FILED FOR APPROVAL OF EMI Sr. No. Particulars Details (to be filled) Documents to be uploaded 24 Has an application for approval of an eligible manufacturer importer been filed before this application? Yes/No If yes, furni....
X X X X Extracts X X X X
X X X X Extracts X X X X
....horized signatory. APPENDIX-III CHARTERED ACCOUNTANT CERTIFICATE (To be issued on the Letterhead of the Chartered Accountant / CA Firm) Date: [DD/MM/YYYY] TO WHOMSOEVER IT MAY CONCERN This is to certify that we, M/s [CA Firm Name], Chartered Accountants (FRN: [FRN]), having examined the books of account, audited/financial statements and other relevant records of M/s [Company/Firm Name] (IEC: [IEC]), having its registered office at [Address], for the last two financial years and such other information as made available to us, hereby state as under: 1. Financial Summary Sr. No Particulars FY [Year 1] FY [Year 2] Total Assets (Rs.) Total Fixed Assets (Rs.) a. Land and Building (Rs.) b. Plant and Machinery (Rs.) c. Others Total Liabilities (Rs.) Total Contingent Liabilities, if any (Rs.) ....