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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