India allows deferred customs duty payments for eligible manufacturers
Manufacturers can pay import duty monthly instead of upfront
Change
India introduced a scheme allowing eligible manufacturers to defer customs duty payments on imports from April 1, 2026.
Why it matters
The scheme permits qualifying importers to clear goods without upfront duty payment, subject to eligibility and compliance requirements.
Implications
- — Manufacturers must meet eligibility criteria — failure prevents access to scheme
- — Import processes must incorporate application and compliance steps — delays affect clearance
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