In line with the Union Budget 2026–27 announcement by the Union Minister for Finance and Corporate Affairs, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a new facilitation measure enabling deferred payment of Customs duty for a newly notified category of importers called Eligible Manufacturer Importers (EMIs). The guidelines have been issued through Circular No. 08/2026-Customs dated 28 February 2026. Key Features of the EMI Scheme Under Read More …
