1 week ago
CBIC Chief Urges Faster AI Use to Modernize Customs
India’s customs department wants to use more technology to make importing and exporting easier.
CBIC Chairman Vivek Chaturvedi said artificial intelligence and other tools can reduce paperwork and costs.
He wants customs, GST and other tax systems to work together.
The department also hopes to create a trusted online system for businesses.
Small businesses will be encouraged to use programmes that can delay customs-duty payments.
The AEO programme can help approved companies receive faster cargo clearance.
India has agreements with 11 countries to make customs cooperation easier.
About 1,000 businesses have joined the new EMI scheme since March 1.
CBIC Chairman Vivek Chaturvedi urged customs officials to accelerate artificial intelligence, machine learning and real-time analytics.
The goal is a near-touchless digital customs experience that eases trade and lowers compliance costs.
Chaturvedi called for a unified taxpayer ecosystem linking GST, customs and other indirect tax systems.
He urged greater outreach to MSMEs for schemes including the EMI scheme and AEO programme.
India has signed Mutual Recognition Arrangements with 11 countries, while about 1,000 businesses have joined the EMI scheme since March 1.
- Who
- CBIC Chairman Vivek Chaturvedi and India’s customs department.
- What
- Officials were urged to accelerate the use of artificial intelligence, machine learning and real-time analytics in customs.
- Where
- When
- Wednesday; the EMI scheme began on March 1.
- Why
- To ease trade, reduce compliance and transaction costs, improve coordination, and create a more digital customs experience.
Key facts
- Official
- Vivek Chaturvedi, Chairman of the Central Board of Indirect Taxes and Customs
- Proposed technology
- Artificial intelligence, machine learning and real-time analytics
- Target experience
- A near-touchless, digital customs process
- International agreements
- India has signed Mutual Recognition Arrangements with 11 countries
- EMI scheme
- Provides deferred customs-duty payment for Eligible Manufacturer Importers
- EMI participation
- Around 1,000 businesses had joined since March 1
- AEO programme
- A voluntary compliance programme offering faster cargo clearance to certified businesses
Quotes
Vivek Chaturvedi
Chairman of India’s Central Board of Indirect Taxes and Customs
“The ultimate vision is a single, integrated, trusted freedom experience across all the cross-border areas.”
financialexpress.com
Sources
Related news
AILBIEA Silver Jubilee Conference to Focus on Trade Reforms
India Plans Customs and Banking Reforms for Viksit Bharat
India-MERCOSUR Paperless Trade Could Cut Exporters’ Costs
India Urged to Reform Customs Payments to Cut Delays
DGFT Open API Simplifies Certificate of Origin Process for Exporters
AILBIEA to Mark 25 Years With Mumbai Trade Conference
India May Extend Aluminium Anti-Dumping Duties For Five Years
Bengaluru GST Officer Allegedly Caught Accepting ₹8 Lakh Bribe
Kovind Warns Illicit Trade Is Exploiting Legitimate Supply Chains
