: CBIC launches information portal for customs procedures & regulatory compliance #FinanceIndia #StockMarketNEWS CBIC launches information portal for customs procedures & regulatory compliance New Delhi,

@StockMarketNEWS Sat 07 Aug, 2021

Posted in: #FinanceIndia #StockMarketNEWS

CBIC launches information portal for customs procedures & regulatory compliance #FinanceIndia #StockMarketNEWS
CBIC launches information portal for customs procedures & regulatory compliance New Delhi, Aug 5 (KNN) The Central Board for Indirect Taxes & Customs (CBIC) on Wednesday launched the Indian Customs Compliance Information Portal (CIP) at cip.icegate.gov.in/CIP . The portal will provide free access to information on all Customs procedures and regulatory compliance for nearly 12,000 Customs Tariff Items.

“CIP is yet another facilitation tool developed by CBIC to empower our business as well as any interested person with up-to-date information on the legal and procedural requirements of Customs and Partner Government Agencies (FSSAI, AQIS, PQIS, Drug Controller etc.) for carrying out imports and exports”, the government said in a statement.

The portal would provide at the click of a button complete knowledge of all import and export related requirements for all items covered under the Customs Tariff thereby improving the ease of doing cross border trade.

For using CIP, one can simply enter either the Customs Tariff Heading (CTH) or the description of the goods in question to get information to step-by-step procedures, regulatory compliances requirements like License, Certificates, etc., for imports as well as exports.

This includes import and export through posts and courier, import of samples, reimport and reexport of goods, self-sealing facility for exporters and project imports.

Another important feature of CIP is a pan India map showing all the Customs seaports, airports, land customs stations etc. It also contains addresses of the regulatory agencies and their websites.

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