Indian CBIC seeks freeing up shipping containers amid global shortage

15 Sep '21

2 min read

Pic: Shutterstock

India’s Central Board of Indirect Taxes and Customs (CBIC) recently asked field staff to expeditiously eliminate unclaimed or confiscated items and transfer import cargo pending inquiry to warehouses. This will help unencumber shipping containers. It also sought month-to-month updates on containers held up by intelligence businesses or caught in court docket circumstances, and have been subsequently freed up.

“Dispose expeditiously the unclaimed/uncleared/seized/confiscated items together with which are holding up containers… at any time when it turns into essential to detain the imported cargo, pending completion of enquiry/investigation, such cargo must be eliminated to a customs warehouse and the container will be launched for additional use,” the board stated in directions issued to area items last week.

The board added that area formations ought to encourage the exercise by providing it to importers. Month-to-month progress studies have been sought by the fifth of each month.

The directions come amid a world scarcity of transport containers, triggered by the short-term closure of sea ports that has led to an enormous hike in freight charges and fall in exports.

The Indian government additionally cautioned that arbitrary levy of cost might attract attention of the Competition Commission of India.

In July this year, the board circulated an up-to-date listing of lengthy standing 13,104 containers acquired from Container Transport Traces Affiliation (CSLA) to the sector formations.

Fibre2Fashion News Desk (DS)

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