CBIC has extended the facility of deferred duty payment to Public Undertakings



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The Central Board of Indirect Taxes and Customs (CBIC) has extended the facility of deferred duty payment to public undertakings. This move aims to ensure an uninterrupted supply of essential goods and services and facilitate faster clearance for these vital entities, supporting the #AatmaNirbharBharat initiative.

For an uninterrupted and continuous supply of essential goods and services, The Central Board of Indirect Taxes and Customs extends the facility of deferred duty payment to the public undertakings. Read the official notice below: Recognising the preeminent role of Public Undertakings in maintaining continuity of supply for essential goods services, and in fulfilling the aspirations of #AatmaNirbharBharat, CBIC has extended the facility of deferred duty payment to such entities for faster cle
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FAQ :

CBIC stands for the Central Board of Indirect Taxes and Customs.

The facility of deferred duty payment has been extended to Public Undertakings.

It has been extended to ensure an uninterrupted and continuous supply of essential goods and services, and to enable faster clearance for public undertakings.

This initiative supports the #AatmaNirbharBharat aspiration.

You can get more information by emailing diccbec.dor@gov.in or by referring to Circular 37/2020 customs dated 19.08.2020.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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