Simplification of processes for sustaining design and manufacturing
Phase I
- Customs clearance by self-assessment: no approvals, no inspections, no signatures, no endorsements: only spot audits.
- Follow excise duty collection model.
- Consignment handed over against documentation filled by importer/exporter.
- Option 1: Importer pays duty directly.
- Option 2: Clearing agent pays for the client.
- Monthly filing of export-import statistics.
- Discrepancies, if any, in duty remittance should be rectified while filing the statement.
- Strict punitive measures should be taken in case of violation as in excise.
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