Customs:
The Ministry of Finance has amended Notification No. 8/2016-Customs dated 5 February 2016, which prescribes conditions for availing customs duty exemption on specified imported goods. The amendment empowers the CBIC to extend the prescribed two-year period for fulfilling the conditions of the notification, on a case-to-case basis, where sufficient cause is shown. This provides greater flexibility to importers who are unable to comply with the stipulated time limit due to genuine reasons.
[Notification No. 28/2026-Customs dated 10 July 2026]
