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India has initiated a probe against imports of subsidised Chinese and Indonesian paperboards as it is allegedly impacting domestic players, according to a notification. The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) has started the exercise following a complaint filed by Indian Paper Manufacturers' Association on behalf of the domestic industry. The applicant has alleged that exports of multi-layer paperboards by Chinese and Indonesian firms, which is subsidised by the respective countries, are hurting margins of Indian companies. They have requested for initiation of an anti-subsidy or countervailing investigation on imports of boards originating in or exported from these two countries. The applicant has alleged that the producers/exporters in these two nations have benefited from the subsidies provided at various levels by their respective governments in the form of grants, loans, guarantees, taxes, export credits, goods and services, or ..
The revenue department will roll out the 30-day duty deferral facility for eligible manufacturer-importers from next month, which will help such importers to better manage their liquidity, a senior official said on Thursday. Finance Minister Nirmala Sitharaman in Budget for 2026-27 had proposed to provide eligible manufacturer-importers the same duty deferral facility as is available to Authorised Economic Operators (AEOs). This was done to encourage such importers to get themselves accredited as a full-fledged Tier 3- AEO in due course. The Budget had also enhanced the duty deferral period for Tier 2 and Tier 3 AEOs from 15 days to 30 days. Speaking at the National Symposium on Customs Reforms-2026, Revenue Department Joint Secretary (Customs) Anupam Prakash said presently there are about 6,000 entities which operate under the Customs "trusted ecosystem", of which 1,500 entities have AEO T2 and T3 accreditation. "We want to increase the number of entities in trusted scenarios. Fo