Ease of Doing Business measures streamline customs procedures and digital filings to expedite clearance and reduce compliance costs. Measures to improve ease of doing business concentrate on tariff and procedural reforms: targeted Customs Duty and SAD adjustments to correct duty inversion and support domestic industry; imposition of protective duties where necessary; exemptions for specified inputs. Procedural reforms include EDI based online filing with 24x7 clearance for specified consignments, a Single Window electronic message exchange with regulatory agencies, mandatory digital signatures for most stakeholders, reduced mandatory documentation, a Special Notified Zone for rough diamonds, an upgraded CBEC portal and a customs mobile app. Institutional changes include CCFCs at major ports, raised appeal thresholds, penalty rationalisation, Advance Ruling expansion and integrated audits.
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Ease of Doing Business measures streamline customs procedures and digital filings to expedite clearance and reduce compliance costs.
Measures to improve ease of doing business concentrate on tariff and procedural reforms: targeted Customs Duty and SAD adjustments to correct duty inversion and support domestic industry; imposition of protective duties where necessary; exemptions for specified inputs. Procedural reforms include EDI based online filing with 24x7 clearance for specified consignments, a Single Window electronic message exchange with regulatory agencies, mandatory digital signatures for most stakeholders, reduced mandatory documentation, a Special Notified Zone for rough diamonds, an upgraded CBEC portal and a customs mobile app. Institutional changes include CCFCs at major ports, raised appeal thresholds, penalty rationalisation, Advance Ruling expansion and integrated audits.
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