https://www.taxtmi.com/circulars?id=54836 Measures streamline customs administration by mandating digital signature filing and electronic Delivery Orders, expanding an electronic Single Window for integrated declarations, online clearances and risk management with regulatory agencies, and extending 24x7 clearance at major ports. Procedural reforms include deferred duty payment for select traders, record-based warehousing controls with extended warehousing periods for bonded/manufacturing units, simplified valuation and temporary import rules, fully electronic drawback disbursal and transferability of duty credit scrips. Compliance reforms adopt risk-based and integrated audits, rationalise penalties, set appeal thresholds, and provide protocols for withdrawal or settlement of aged or lower-value prosecutions and appeals. en-us Tue, 17 May 2016 00:00:00 +0530 Mon, 17 Oct 2016 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54836 Measures streamline customs administration by mandating digital signature filing and electronic Delivery Orders, expanding an electronic Single Window for integrated declarations, online clearances and risk management with regulatory agencies, and extending 24x7 clearance at major ports. Procedural reforms include deferred duty payment for select traders, record-based warehousing controls with extended warehousing periods for bonded/manufacturing units, simplified valuation and temporary import rules, fully electronic drawback disbursal and transferability of duty credit scrips. Compliance reforms adopt risk-based and integrated audits, rationalise penalties, set appeal thresholds, and provide protocols for withdrawal or settlement of aged or lower-value prosecutions and appeals. Circulars Customs Tue, 17 May 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54836