India Begins New Standardized Customs Clearance Process for Imports
India recently began a new trade clearance process that will subject imports to a “uniform risk‑based assessment system,” the Hong Kong Trade Development Council reported Sept. 20. The system will seek to standardize the country’s customs examinations and reduce clearance…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
costs and times, the report said, adding that imported goods will “no longer all be required to undergo a full physical examination.” The system will be rolled out in stages for various imports. The first phase, which took effect this month, applies to imported metals.