Beyond Borders - April 2019
23 April 2019
BDO in India presents Beyond Borders - The Customs & International Trade Journal. The monthly issue of the C&IT journal covers recent developments in the world of Customs & Foreign Trade in India, current global & technological trends and insights from eminent faces in the trade.
Cover story on Single Window Interface for Trade (SWIFT) - Customs Single Window Interface in India
As part of the ‘Ease of Doing Business’ initiatives, the Central Board of Excise & Customs, Government of India, introduced the Single Window Project to facilitate trade across borders in India. This online portal allows importers and exporters to submit their clearance at a single point. Digitally signed copies of the supporting documents can be uploaded on the portal, eliminating the requirement to submit hardcopies of supporting documents at multiple levels of clearance. Thus, the SWIFT portal, reduces interface with Governmental agencies, dwell time and the overall cost of doing business.
We hope you have an insightful read.