CBIC plans to cut fee for transshipment permits, enhance exports

India’s Central Board of Indirect Taxes and Customs (CBIC) has announced a set of reforms to improve air cargo movement, by removing the fee for transhipment permits. says official reports. The move aims to make cargo movement easy, faster and cheap, especially time-sensitive and high-value products through India’s airports. The CBIC has also introduced a new process for the temporary import of Unit Load Devices (ULDs), adds reports. It is being witnessed as a step toward aligning Indian customs practices with global logistics standards.  Finally, exporters and logistics agents can now file applications for cargo movement permits online through ICEGATE (the Indian Customs portal), following a digitisation update.