15-November-2026
Taxation
 
CBIC allows foreign goods to stay in India beyond four-month limit under ATA Carnet rules
14-Nov-2026

The Central Board of Indirect Taxes and Customs (CBIC) introduced greater flexibility for foreign businesses and organisations on Friday, bringing goods into India temporarily by allowing senior customs officials to extend the existing four-month stay limit under the ATA Carnet system. The move will benefit foreign exhibitors, businesses, media organisations and other international participants who need to bring equipment, commercial samples or professional goods into India for a limited period. Until now, such goods were generally required to be re-exported within four months of their import. Under the revised provision, Principal Chief Commissioners of Customs and Chief Commissioners of Customs can approve an extension beyond the four months if they consider it necessary in the public interest.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/cbic-allows-foreign-goods-to-stay-in-india-beyond-four-month-limit-under-ata-carnet-rules/articleshow/135808157.cms