25-Jun-2013
NEW DELHI, 25 JUNE: Beginning 1 July, Customs clearance of all export goods will take place on a 24x7 basis from four major air cargo complexes/airports in Bangalore, Chennai, Delhi and Mumbai, the Union finance ministry announced today.
Thus, all exports including those made under export incentives scheme as well as duty drawback scheme will now be able to be move out of the country on a 24x7 basis. The government expects this initiative to greatly facilitate the exporting community and boost the country’s exports by reducing dwell time and enabling exporters to meet their deadlines, a statement from the ministry said. The expansion of the 24x7 facility at the four major air cargo complexes/airports follows on the heels of similar customs clearance facility for exports made under free shipping bills, i.e. without claiming export incentives with effect from 1 June 2013 from all 13 EDI connected air cargo complexes/airports in the country.
These 13 air cargo complexes/airports are Ahmedabad, Amritsar, Cochin, Calicut, Coimbatore, Goa, Hyderabad, Indore, Jaipur, Kolkata, Nashik, Vizag and Thiruvananthapuram.
The extension of clearance facility for imports and exports has been under the consideration of the government for some time. Last year from 1 September 2012, the Customs began functioning on a 24x7 basis to clear select export consignments under free shipping bills as well as identified import consignments which were facilitated by its electronic risk assessment system.
Source:-www.thestatesman.net
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