• Latest
  • Trending
  • All
Faceless Assessment of Cargo to be Implemented soon by Customs in India

Faceless Assessment of Cargo to be Implemented soon by Customs in India

December 8, 2019
These inventory trackers will notify you when hard-to-find items are back in stock

These inventory trackers will notify you when hard-to-find items are back in stock

April 15, 2020
Antonov An-225 Mriya: world’s largest cargo plane, history, details

Antonov An-225 Mriya: world’s largest cargo plane, history, details

April 15, 2020
Copperstate Farms Launches International Cannabis BrandĀ DNA Genetics in Arizona Market

Copperstate Farms Launches International Cannabis BrandĀ DNA Genetics in Arizona Market

April 14, 2020
Mzee Moi’s Ksh10B Gift to Gideon

Mzee Moi’s Ksh10B Gift to Gideon

April 14, 2020
Covid Knights: Corporate social purpose in the time of COVID-19

Covid Knights: Corporate social purpose in the time of COVID-19

April 14, 2020
How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

How Tesla And BMW Are Leading A Supply Chain Renaissance With Blockchain

April 14, 2020
Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

Last Mile Delivery Market Worth Observing Growth | UPS, FedEx, SF Express

April 14, 2020
LATAM Cargo strengthens European cargo links

LATAM Cargo strengthens European cargo links

April 14, 2020
Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

Ford making reusable hospital gowns from airbag materials as efforts against coronavirus expand

April 14, 2020
Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

Don’t Sweat NBC’s Decision to Cut Back on Television Ad Inventory

April 14, 2020
Software firms sharpen focus on AI, big data as IT spending drops

Software firms sharpen focus on AI, big data as IT spending drops

April 14, 2020
Navigating turbulent times in your supply chain (TL:DR version)

Navigating turbulent times in your supply chain (TL:DR version)

April 14, 2020
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us
No Result
View All Result
United States International Supply Chain Commission
United States International Supply Chain Commission
Home Shipping

Faceless Assessment of Cargo to be Implemented soon by Customs in India

by usiscc
December 8, 2019
in Shipping
0
Faceless Assessment of Cargo to be Implemented soon by Customs in India
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

To promote ease of doing business, the Customs plans the implementation of a faceless assessment of cargo in the next few months in India. This will certainly ease the custom clearing process to import or export of goods.

The Scheme

Central Board of Excise Duty issued a circular regarding the launch of virtual assessment of the cargo under the ā€˜Turant custom scheme’. The nominated officer of the virtual group will carry out the procedure of assessing the goods. Similarly, this will be done on a first cum first serve basis and ensure uniformity in the assessment procedures.

Commissioner of Customs (City and ICD) Bangalore, Baswaraj Nalegave, stated that under the scheme, the assessment will no longer be required to be done at the place of filing of Bill of entry. The specialized custom houses based in every country can perform the task irrespective of where they file the bill. A bill of the entry contains necessary information like nature, quantity, and value of goods exported or imported. Commissioner also stated that every seaport has its own method of assessing the goods. Faceless assessment of cargo will also check on custom officers adherence to rule while assessing the cargo.

DIN Concept

Central Board of Indirect taxes and customs (CBIC) implemented a Document identification number that will allow the custom and excise duty payers to check the authenticity of the communications. Now, any summon letter or tax notice without DIN number will be considered invalid. This will increase transparency in the procedures and help to curb corrupt practices. The CBIC website will facilitate the verification of the genuineness of the documents. In addition, DIN along with faceless assessment of cargo will ease the process of custom clearance.

Licensed Economic Operator

The customs department declared to make changes in the process of making authorized economic dealer (AEO). The authorized dealer will no longer require a ten-lakh bank guarantee to become a licensed logistics operator. Above all, this arrangement complies with the world trade organization’s goal of providing maximum advantage to AEO in multi and bilateral trade agreements.

The Customs department has already raised India’s ranking from 77 to 63 in ease of doing business and is making continuous efforts to improve it further. Therefore, ease of doing business will certainly get better after implementation of faceless assessment of cargo.

Share197Tweet123Share49
usiscc

usiscc

  • Trending
  • Comments
  • Latest
Antonov An-225 Mriya: world’s largest cargo plane, history, details

Antonov An-225 Mriya: world’s largest cargo plane, history, details

April 15, 2020
These inventory trackers will notify you when hard-to-find items are back in stock

These inventory trackers will notify you when hard-to-find items are back in stock

April 15, 2020
‘Significant opportunity’ in Asia as supply chain integrates, consolidates

‘Significant opportunity’ in Asia as supply chain integrates, consolidates

January 3, 2020
These inventory trackers will notify you when hard-to-find items are back in stock

These inventory trackers will notify you when hard-to-find items are back in stock

0
Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024 – ZMR News Reports

0
PHOTOS: Ottawa firefighters respond to warehouse fire

PHOTOS: Ottawa firefighters respond to warehouse fire

0
These inventory trackers will notify you when hard-to-find items are back in stock

These inventory trackers will notify you when hard-to-find items are back in stock

April 15, 2020
Antonov An-225 Mriya: world’s largest cargo plane, history, details

Antonov An-225 Mriya: world’s largest cargo plane, history, details

April 15, 2020
Copperstate Farms Launches International Cannabis BrandĀ DNA Genetics in Arizona Market

Copperstate Farms Launches International Cannabis BrandĀ DNA Genetics in Arizona Market

April 14, 2020
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • DMCA
  • Contact Us

Copyright Ā© 2021 United States International Supply Chain Commission (usiscc.org)

No Result
View All Result
  • Supply Chain
  • Logistics
  • Warehousing
  • Procurement
  • Shipping
  • More
    • Strategic Sourcing
    • Spend Analysis
    • Inventory
    • Contact Us

Copyright Ā© 2021 United States International Supply Chain Commission (usiscc.org)

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT