India to Implement Deferred Customs Duty Payment Scheme for Eligible Manufacturers from April 2026

The Central Board of Indirect Taxes and Customs (CBIC) will implement the Eligible Manufacturer Importers (EMI) scheme from April 1, 2026, allowing qualified manufacturers to defer customs duty payments on imported goods. This facility, valid until March 31, 2028, aims to ease working capital pressures and boost liquidity by permitting monthly duty payments under existing Deferred Payment of Import Duty Rules. Eligibility requires compliance with Customs and GST laws, turnover, financial strength, and track record. Existing AEO-T1 entities, including MSMEs, may also apply. The scheme encourages higher compliance and progression to advanced AEO statuses for faster clearances and enhanced facilitation.