New Delhi, April 1 -- The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday introduced a one-time relief measure allowing eligible manufacturing units in Special Economic Zones (SEZs) to sell their products in the Domestic Tariff Area (DTA) at concessional customs duty rates, addressing concerns arising from ongoing global trade disruptions.
The relief, announced in the Budget 2026-27, has been implemented through an exemption notification issued under Section 25 of the Customs Act, 1962. The measure will remain in force from April 1, 2026, to March 31, 2027, according to a Finance Ministry statement here.
The CBIC has prescribed a revised concessional duty structure across multiple slabs. Goods currently attracting 7.5 per ...