The Central Board of Indirect Tax and Customs (CBIC) has enabled payment of customs duty on Express Cargo Clearance System (ECCS) courier imports through it’s e-payment gateway for faster and better taxpayer service. The Express Industry Council of India (EICI) has jointly with the Indian Customs has developed and implemented the Express Cargo Clearance System (ECCS) as a pilot at Courier Terminal. ECCS is an automation programme to carry out clearance processes under the Courier Imports and Exports (Electronic Declaration and Processing ) Regulations, 2010. The electronic declaration for clearance, in which the manual issuance of mate receipt for containerized cargo has become redundant. Let us look in detail about the Express Cargo Clearance System in this article.
Source Taxscan
Latest Posts in "India"
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- Guide to GST Refunds for Unregistered Persons: Cancelled Service Contracts Explained