Business

Central Board of Indirect Taxes and Customs has launched a new portalLooking to facilitate free accessto information on all customs related processes and other regulatory compliances for around 12,000 customs tariff items, the Central Bureau of Indirect Taxes and Customs (CBIC) on Wednesday launched its Indian Customs Compliance Information Portal (CIP).Official sources said that CIP is aimed at providing latest updated information to people on the legal and other requirements of Customs department and related agencies for undertaking import and export related activities.The portal will give latest information on all import and export related requirements for all items covered under the Customs Tariff.In order to use the CIP, one can simply enter either the Customs Tariff Heading (CTH) or the description of the goods in question to get information to step-by-step procedures and otherregulatory compliances, a statement issued by the Finance Ministry said.





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