Finance Minister Nirmala Sitharaman has lauded the Indian Customs department for its crucial contributions to the nation's economic growth and security. Speaking at the International Customs Day celebration, she praised their performance, especially during the COVID-19 pandemic, and urged them to lead globally. Several new digital initiatives were launched to further streamline trade, including an electronic bond system, an online refund facility, and a system for faster goods release for authorised operators.
CBIC celebrates International Customs Day with a focus on Efficiency, Security and Prosperity
Hon'ble Finance Minister Nirmala Sitharaman highlights Customs' role in Economic Security and Growth
The Central Board of Indirect Taxes and Customs (CBIC) celebrated International Customs Day at Nhava Sheva, Mumbai today, with the theme "Customs Delivering on its Commitment to Efficiency, Security, and Prosperity." The event was graced by the presence of Hon'ble Minister of Finance and Corporate Af
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited News Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
The theme for International Customs Day was 'Customs Delivering on its Commitment to Efficiency, Security, and Prosperity'.
The Finance Minister highlighted the essential role of Indian Customs in securing India's economic stability and fostering growth.
The Finance Minister launched 'Ekal Anubandh' (an electronic E-bond and E-bank guarantee facility), an Online Customs Refund facility, and VEGA (Vision for Expeditious Goods Release on Arrival).
'Ekal Anubandh' is an electronic platform designed to replace multiple manual bonds and bank guarantees with a single, streamlined Digital Bond for taxpayers.
VEGA allows Authorised Economic Operator (AEO) entities to directly move their import cargo to their premises for examination, enhancing efficiency and speed.
Yes, 20 officers were awarded WCO Certificates of Merit for their outstanding contributions to various aspects of Customs work, including border protection and modernization.