← Back to feedRead original →
VERIFIEDET Policy·positive
CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flow
AI Summary
- ·CBIC has reduced paperwork in the deferred customs duty scheme from ten documents to three.
- ·Outreach programs will be conducted to encourage MSME adoption of the scheme.
- ·The scheme allows duty payments in monthly installments until March 2028.