CBIC to launch Eligible Manufacturer-Importer scheme by March 1; how it could ease customs compliance
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The Central Board of Indirect Taxes and Customs will launch the Eligible Manufacturer-Importer scheme soon. This initiative offers benefits for two years to manufacturers seeking Authorised Economic Operator certification. The scheme aims to streamline customs processes through technology and reduce physical inspections. It aligns with the government’s trust-based administration approach.
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