In line with the Union Budget 2026–27 announcement, the Central Board of Indirect Taxes and Customs (CBIC) has introduced a new facilitation measure that allows deferred payment of Customs duty for a new category of importers termed Eligible Manufacturer Importers (EMIs).
The Indian delegation was led by Special Secretary and Member (Customs), Surjit Bhujabal.
Addressing the 5th Edition of Anti-Smuggling Day organised by FICCI CASCADE, Singh said that smuggling has evolved into an organised, technology-driven economic crime with direct implications for national security and economic stability.
The landmark decision aims to provide a level playing field for exporters using the postal channel and to foster a more inclusive ecosystem for cross-border e-commerce.
Sitharaman further commended the CBIC for its efficiency and appreciated the successful rollout of GST 2.0 ahead of the Diwali deadline set by the Prime Minister.
The Chief Secretary of Bihar, the DGP, the State Police Nodal Officer (SPNO), and the Chief Election Officer participated in this meeting online.
In its letter to the Finance Minister Nirmala Sitharaman, PHDCCI warned of a severe inverted duty structure in the polyester value chain following recent GST revisions.
In the run-up to the completion of eight years of GST, the Central Board of Indirect Taxes and Customs (CBIC), in coordination with the FIT INDIA Movement, organised a nationwide cyclothon titled “Sundays on Cycle” under the aegis of FIT INDIA movement launched by Prime Minister Narendra Modi.
The record GST collection in April showcases the resilience of the Indian economy and the effectiveness of cooperative federalism, Union Finance Minister Nirmala Sitharaman said on Thursday.
Bhutan extended their sincere thanks to the Central Board of Indirect Taxes and Customs (CBIC) for their continued support that played a vital role in easing export processes and addressing trade-related concerns.
