ANNOUNCEMENT 18 Jul 2012

In July 2012, the government of India announced a change in import formalities.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 18 Jul 2012 | Removal date: open ended
Still in force

Import-related non-tariff measure, nes

On 18 July 2012, the Government of India launched two facilities:

  • The Authorized Economic Operator (AEO), a certification programme where traders who conform with security standards and comply with tax laws will be given preferential treatment inlcuding faster clearance, less physical inspections and other benefits.
  • Also, an Interactive Customs Tariff application that improves access to information with regards to duty payments, regulatory requirements, applicable exemptions, anti-dumping duties etc. for traders of goods. This is expected to increase the transparency in the transactions.

 
 

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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