Amendment to Circular No. 08/2026-Customs dated 28.02.2026 Rationalization of documentation requirements under the Eligible Manufacturer Importer (EMI) Scheme

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....nder CBIC. Subject: Amendment to Circular No. 08/2026-Customs dated 28.02.2026  Rationalization of documentation requirements under the Eligible Manufacturer Importer (EMI) Scheme - reg:   Madam/Sir, Attention is invited to Circular No. 08/2026-Customs dated 28.02.2026 (hereinafter referred to as the "said Circular"), issued in pursuance of Notification No. 12/2026-Customs (N.T.) dated 01.02.2026, extending the facility of deferred payment of Customs import duty under the proviso to sub-section (1) of section 47 of the Customs Act, 1962 to "Eligible Manufacturer Importers" (EMI). 2. Representation has been received from the trade seeking rationalization of the data and documentary requirements prescribed for filin....

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....; submission of the UDYAM Registration Certificate, where MSME status is claimed; a Chartered Accountant's Certificate bearing UDIN in the prescribed format; and an authorization letter for the authorized signatory shall continue. The number of documents to be  uploaded has been reduced from ten documents to three documents in the revised application  format. 3.4. Appendix-Ill of the said circular has also been revised which requires the Chartered  Accountant to furnish reasons in cases where the applicant has negative net worth or negative net current assets. This criterion has been provided in consultation with stakeholders and in view of overall reduced requirement of furnishing documents at the time of filing appli....

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....nbsp;Certificate 4(a) Is the applicant an AEO T 1? Yes/No   (b) If yes, please provide the AEO Certificate Number     5 Whether there is any liability on the applicant, on account of 'where GST has been collected from customers but not deposited to the government'? (GSTIN-wise details should be provided for all the GSTINs)     5(a) GSTIN 1 Yes/No   5(b) GSTIN 2 Yes/No   5(c) GSTIN 3. . . Yes/No   6 Whether the applicant is a manufacturer as defined under section 2(72) of the CGST Act, 2017? Yes/No   7* If Answer to Sr. No. 6 is yes, list all the GSTINs involved in Manufacturing....

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....of application? Yes/No Certificate issued by a Chartered accountant in the prescribed form 10(b) Whether the applicant is currently listed as insolvent, or in liquidation or in bankruptcy? Yes/No   11 (a) Whether the applicant's net worth is positive for the last two (02) Financial Years? Yes/No Certificate issued by a Chartered Accountant in the prescribed form 11(b) Specify reasons in case the net worth is not positive 100 Words   12(a) Whether the net current assets are positive? Yes/No Certificate issued by a Chartered Accountant in the prescribed form 12(b) Specify reasons in case the net current assets are not positive 100 Words &n....

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....ail address     PART E: DECLARATIONS AND UNDERTAKINGS 1. I/We declare that the information given, declarations made and documents submitted in this application are true, correct and complete in every respect. 2. I/We understand that if any information submitted and/or declaration made by me/us are found to be false, or any document uploaded by me/us are found to be forged, a. The approval given to me/us as an 'Eligible Manufacturer Importer' may be suspended; b. I/we may be liable for actions under the relevant provisions of the Customs Act. 1962; and c. I/We shall not be eligible to apply under the EMI Scheme in the future. 3. I/We undertake that there are no instances of T....

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....   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.)     Net Worth (Capital + Reserves) (Rs.)     Current Assets (Rs.)     Current Liabilities (Rs.)     Turnover / Gross Revenue (Rs.)     Current Ratio     Debt-Equity Ratio     Opinion on Solvency / Financial Ca....