REGULATORY · MARKET STRUCTURE · INDIA
Government extends export relief measures till March 31
Change
The government extended export relief measures for export cargo until March 31.
Why it matters
The Central Board of Indirect Taxes and Customs issued a standard operating procedure under the Customs Act extending relief measures through March 31. International transshipment facilities for less-than-container-load (LCL) cargo were expanded to all notified ports and airports nationwide. The LCL transshipment facility had previously been limited to select ports including Chennai and Cochin. The measures permit temporary unloading and storage of diverted liquid and bulk cargo within customs areas and require customs authorities to verify shipping documents and check container-seal integrity.
Implications
- · LCL transshipment can be routed through all notified ports and airports, changing available routing options for exporters and logistics providers.
- · Temporary unloading and storage of diverted liquid and bulk cargo within customs areas increases demand for on-site staging and customs-controlled storage capacity.
- · Customs document verification and container-seal inspections remain required for diverted shipments.
- · Compliance obligations and operational changes apply only for the relief period ending March 31.
Who is affected
- · Exporters
- · Customs authorities and compliance officers
- · Port and airport operators at notified facilities
- · Freight forwarders and logistics providers
What to watch
- · Relief measures effective through March 31
Source
Topics
Law & Public Safety Compliance Business & Markets Supply Chain & Logistics