Budget 2026: India Inc seeks GST-style simplification in customs duty structure
As Budget 2026 discussions ramp up, Indian businesses are gearing up for transformative shifts in customs duties. They are advocating for a seamless framework akin to GST, aiming to enhance trade efficiency and expedite dispute resolution. Their requests include a consolidated clearance window, expedited timelines for Authorized Economic Operator (AEO) certification, and a more efficient customs investigation protocol.