The Central Board of Indirect Taxes and Customs (CBIC), on February 01, 2026, notified regarding the extension of time period under the Deferred Payment of Import Duty Rules, 2016 and addition of an eligible manufacturer importer in the class of eligible importers to avail the facility.
The following has been stated namely: -
• Eligible importers availing the facility of deferred payment of duty shall pay the deferred duty in accordance with the time limits specified in rule 4 of the Deferred Payment of Import Duty Rules, 2016, as amended. The amended time limits shall be applicable to all eligible importers covered under the deferred payment of duty scheme with effect from 01.03.2026.
• Further, vide Notification No. 12/2026-Customs (N.T.) dated 1" February, 2026, a separate class of eligible importers to avail the facility of deferred payment of Customs import duty has been notified as 'Eligible Manufacturer Importer'. The 'Eligible Manufacturer Importer shall be approved by the Directorate of International Customs, CBIC. Detailed instructions/guidelines in this regard shall be issued separately. The applications from such importers shall be allowed to be filed from 01.03.2026. This facility shall be made available to the 'Eligible Manufacturer Importers' for a period up to 31" March, 2028.
[Notification no. 03/2026- Customs]
