CBIC Reduces Compliances For Import Of Goods At Concessional Rate Of Customs Duty

In a significant step towards Atmanirbhar Bharat, the Central Board of Indirect Taxes and Customs (CBIC) has notified the reduction in compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of Customs Duty. "The CBIC has reduced the compliances required under the Customs (Import of Goods at Concessional Rate of Duty-IGCR)...