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    <title>System auto-approves incentive bank account and IFSC registrations when identical IEC-bank-IFSC combo already approved, speeding processing</title>
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    <description>The customs authority will implement system-driven auto-approval of registrations for an incentive bank account and IFSC code across all customs locations when the identical IEC-bank account-IFSC combination has already been approved at any one location. Submission workflow remains unchanged, but qualifying requests will bypass manual port-officer approval and be auto-approved by the system, thereafter proceeding to PFMS for existing validation. The measure aims to speed processing and improve trade experience; stakeholders should report any implementation issues to the Board for resolution.</description>
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    <pubDate>Wed, 08 Oct 2025 13:22:46 +0530</pubDate>
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      <title>System auto-approves incentive bank account and IFSC registrations when identical IEC-bank-IFSC combo already approved, speeding processing</title>
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      <description>The customs authority will implement system-driven auto-approval of registrations for an incentive bank account and IFSC code across all customs locations when the identical IEC-bank account-IFSC combination has already been approved at any one location. Submission workflow remains unchanged, but qualifying requests will bypass manual port-officer approval and be auto-approved by the system, thereafter proceeding to PFMS for existing validation. The measure aims to speed processing and improve trade experience; stakeholders should report any implementation issues to the Board for resolution.</description>
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      <pubDate>Wed, 08 Oct 2025 13:22:46 +0530</pubDate>
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