CBIC relaxes norms for Customs Cargo Service Providers, Legal News, ET LegalWorld
The Central Board of Indirect Taxes and Customs (CBIC) Friday reduced insurance requirement for stored custom cargo to five days from 10 days. It also streamlined licence requirement for Customs Cargo Service Providers (CCSPs). This period has been reduced to 5 days, enhancing cash flow for these entities by lowering costs, the finance ministry said […]