Union Finance Minister Nirmala Sitharaman has recently launched two new IT Initiatives – ICEDASH and ATITHI – for improved monitoring and pace of customs clearance of imported goods and facilitating arriving international passengers. ICEDASH is an Ease of Doing Business (EODB) monitoring dashboard of the Indian Customs that allows public see and compare import clearance ..
The Department of Revenue under the Ministry of Finance is conducting India’s first national Time Release Study (TRS) between 1st – 7th August to enable faster movement of cargo across borders to benefit traders. The exercise will be institutionalized on an annual basis, during the same period every year hereafter. The TRS is an internationally ..
For the first time the Ministry of Finance conducting national Time Release Study (TRS) as part of its strategic commitment for improving global trade. Time Release Study TRS is an internationally recognized tool advocated by World Customs Organization to measure the efficiency and effectiveness of international trade flows. The initiative on the ground is lead ..
The meeting of the Regional Heads of Customs Administration of Asia Pacific Region of the World Customs Organisation (WCO) is being organized by Central Board of Indirect Taxes and Customs (CBIC) in Kochi from 08th to 10th May, 2019. India is hosting this meeting in its capacity as Vice Chair of the Asia Pacific region ..
The International Customs Day (ICD) is observed every year on January 26 to recognize the role of custom officials and agencies in maintaining border security. It focuses on the working conditions and challenges that customs officers face in their jobs. The 2019 theme is “SMART borders for seamless Trade, Travel and Transport”. This reflects the ..
On 3rd December 2018, the 80th Session of the Policy Commission of the World Customs Organization (WCO) was held in Mumbai, Maharashtra . The Session is being organized by the WCO and hosted by the Central Board of Indirect Taxes and Customs (CBIC), India. The Indian delegation was headed by CBIC Chairman, S Ramesh. The ..
The regional meeting of the World Customs Organisation has started in Jaipur, Rajasthan with representatives of 33 member countries of Asia attending it. The meeting is slated to deliberate upon various issues including the steps required for the capacity building and reforms in customs.The participants would also discuss and deliberate upon the amended Kyoto protocol, ..
The World Customs Organization is an intergovernmental organization headquartered in Brussels, Belgium. It was founded in 1952 and its main work is in areas covering the international conventions and standards related to customs, trade, IPR protection etc.