Direct Port Delivery: To whose advantage?
By Abin Daya The Government is working to improve the ‘ease of doing business’ ranking of the country, and one of the areas of focus is the time it takes for manufacturers to get their imported raw materials and components, out of the port and into their factories. The numbers are not very encouraging, and it currently takes about 9-10 days to get a container out of the port and on its way to the manufacturer. With a view to improving this, the Direct Port Delivery arrangement was started in 2016. How is it faring? Please read on in this week’s update. The most important story of this week, definitely, is the 25 bps cut that the Monetary Policy Committee permitted on ...
Use of Digital Signature For Submission Of Documents Regarding
Dated 23rd October, 2015 | Copy of | Circular No.26/2015-CUSTOMS | F.No.450/2/2015-Dir( Cus) (Pt) Government of India Ministry of Finance Department of Revenue (Central Board of Excise and Customs) New Delhi To All Chief Commissioners of Customs All Chief Commissioners of Customs and Central Excise All Commissioners of Customs All Commissioners of Customs and Central Excise Attention is invited to Board Circular No.10/2015-Customs dated 31.03.2015 which lays guidelines for use of digital signature certificates for submission through remote EDI filing of customs process documents viz. Bill of Entry, Shipping Bill, Import General Manifest (IGM), Export General Manifest (EGM) by importers, exporters, Customs brokers, airlines and their agents, with effect from 01.04.2015. 2. In terms of Board Circular No.10/2015 Customs, dated 31.03.2015, importers registered under ...
Review of Accredited Clients Programme (ACP)
Dated 22nd December, 2014 | Copy of | Circular No.18/2014-customs | Attention is invited to Board’s Circular No.42/2005-Cus. dated 24.11.2005 and Circular No.29/2010-Cus dated 20.08.2010 on the Accredited Clients Programme (ACP). 2. Board has received a number of representations from the ACP clients whose ACP status has either been withdrawn or not extended on account of them having been served a show cause notice in terms of the amended para 7(iii) of the said Circular dated 24.11.2005. Board observes that on account of such withdrawal or non-extension of the ACP status, the imports of the affected ACP clients are no longer facilitated which reduces the overall facilitation levels. This matter was also discussed during the All India Conference of Chief ...
