74 per cent of consignments at ports got nod in less than 48 hours on Sunday
In a significant relief for importers, customs clearance saw a dramatic improvement over the weekend with about three-fourths of sea consignments getting the nod in less than 48 hours on Sunday.
This comes after the government swung into action to address complaints from industry over undue delays in clearances since the introduction of faceless assessment by the Central Board of Indirect Taxes and Customs (CBIC). About 74 per cent of the sea consignments were cleared in less than 48 hours on Sunday compared with just 27 per cent in the same duration as of Friday, the government …
By business-standard.com