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"
- India Slashes Excise Duty on Petrol, Diesel to Shield Consumers Amid Global Oil Price Surge
- Understanding GST Vouchers: Classification, Tax Implications, and Key Distinctions from Discounts and Services
- IMF Economist Urges India to Adopt Single GST Rate and Direct Revenue Redistribution to Citizens
- BJD Urges Odisha Government to Cut VAT on Petrol, Diesel Amid Global Fuel Crisis Concerns
- Strategic Management of GST Credit Notes: Compliance, Timing, and Tax Implications for Finance Leaders
