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Budget paving way for moving into GST regime
04 Mar '16
4 min read
He said that his department wants to upgrade that scheme to an authorised economic operator, a scheme which is running currently, but has not been really successful. “We want to link this with direct port delivery, so that you can remove your goods directly from the port without having to go through a CFS, which might add to cost and delay.”
He said that because the customs are at the point of entry and exit, the department tends to get all the blame for reasons like the importer not filing bill of entry, importer wanting to take time to pay duty, importer not producing goods for examination and assessment, this despite the fact that 70 per cent of goods are facilitated, there is no examination or verification done.
“So, we have dovetailed these changes in this broad philosophy, to ensure that goods can be cleared immediately,” Shah said. (SH)
Fibre2Fashion News Desk – India
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