CBIC

  • Trade Facilitation Measures: CBIC introduced measures to enhance logistics efficiency and simplify customs procedures for Air Cargo and Transhipment, aligning with Union Budget 2025-26 goals.
  • Transhipment Permit Fee Waived: Effective April 24, 2025, the transhipment permit fee is waived for all transhipment movements to ease business operations and reduce delays, as per Notification No. 30/2025-Cus (N.T).
  • Temporary ULD Removal: Simplified procedure introduced for temporary import of Unit Load Devices (ULDs) outside Customs areas for high-value or perishable cargo, aligning with international best practices.
  • Continuity Bond for Air Carriers: Air carriers/air console agents can now temporarily import ULDs by executing a Continuity Bond, taking responsibility for re-export within a specified timeframe.
  • All-India National Transhipment Bond: The ‘All-India National Transhipment Bond’ facility, operational since 2022, avoids multiple bond submissions at different Customs stations.
  • Online Transhipment Application: Online filing of transhipment applications is enabled in ICEGATE, eliminating the need to visit service centers.
  • Aim: These measures aim to ease compliance and facilitate trade at Air Cargo complexes, encouraging Airlines, Console Agents, and stakeholders to utilize the facilities.
  • CBIC Role: CBIC administers Customs, Central Excise, CGST, IGST, and Narcotics (where applicable), formulating policies related to indirect tax levy and collection. It manages customs at various international locations and is headed by a Chairman.
  • Statutory Body: CBIC operates under the Central Boards of Revenue Act, 1963, making it a statutory authority.