Budget 2026: Industry seeks GST-style simplification in customs duty; urges speeding up and simplification of clearences
Indian businesses anticipate a GST-like overhaul of customs duties in Budget 2026, seeking rationalized rates, fewer slabs, and a single-window clearance system. Key demands include streamlined AEO certification and a formal charter for DRI investigations, aiming to resolve Rs 1.52 lakh crore stuck in customs disputes.🕒 1 min read
Indian businesses anticipate a GST-like overhaul of customs duties in Budget 2026, seeking rationalized rates, fewer slabs, and a single-window clearance system. Key demands include streamlined AEO certification and a formal charter for DRI investigations, aiming to resolve Rs 1.52 lakh crore stuck in customs disputes.
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