Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Government to plug holes in online payment of customs duty to boost exports.


Date: 12-04-2016
Subject: Government to plug holes in online payment of customs duty to boost exports
NEW DELHI: The government plans to boost exports by plugging loopholes in online payment of customs duty and ensuring round-the-clock customs clearance at ports and airports. This will also help India fulfil its commitments under the World Trade Organisation's Trade Facilitation Agreement, officials said.

"We want to reduce transaction costs because exports have been declining. One such way is to streamline existing procedures through better coordination between various agencies...we have to think out of the box," said one of the officials, who did not wish to be named. "We should use the Trade Facilitation Agreement to promote exports," he said.

The commerce department plans to extend the timings of customs clearance at ports and airports so as to reduce congestion during peak hours of 2-6 pm."Even though there is 24x7 customs clearance, it has not completely taken off because of lack of coordination between customs and CISF. We will have to sort out traffic restrictions on truck movements to avoid delays in exports," the official said.

However, Ajay Sahai, director general of the Federation of Indian Export Organisations, said there is need to increase manpower to implement the 24x7 procedures., Another step being considered is to extend the timing of online payment of customs duty, which is operational till 5.30 in the evening.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001