Customs Reforms in Budget 2026 | Trade Gets Faster & Easier

Описание: The Union Budget 2026–27, presented on 01 February 2026, announces a major push to modernise and simplify Customs processes, aiming to reduce delays, lower compliance costs, and strengthen India’s global trade competitiveness.

Key Customs Process Reforms in Budget 2026
Trust-Based Systems
Duty deferral period for Tier-2 and Tier-3 Authorised Economic Operators (AEOs) increased from 15 to 30 days
Same duty deferral facility extended to eligible manufacturer-importers
Advance ruling validity extended from 3 to 5 years for better business certainty

Faster & Automated Clearances
Trusted importers to get automatic clearance on arrival for goods without compliance requirements
Export cargo with electronic sealing to move directly from factory to port
Regular importers with reliable supply chains to face minimal verification

Warehouse Reforms
Shift to a warehouse operator-centric system
Self-declarations, electronic tracking and risk-based audits
Reduced officer dependency and transaction delays

Digital & AI Integration
Rollout of Customs Integrated System (CIS) as a single, scalable digital platform
Expansion of non-intrusive scanning using AI and advanced imaging
Goal to scan every container at major ports

Single-Window Clearance
Interconnected digital single-window system for multiple government approvals
Food, drugs, plant and animal product clearances to go fully digital

These reforms aim to create a predictable, transparent and technology-driven customs ecosystem, supporting exporters, importers and logistics players while boosting India’s trade efficiency.

#Budget2026 #UnionBudget2026 #Infrastructure #Capex #ViksitBharat #Highways #FreightCorridor #NationalWaterways #Tier2Cities #IndianEconomy

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