India Begins New Standardized Customs Clearance Process for Imports
India recently began a new trade clearance process that will subject imports to a “uniform risk‑based assessment system,” the Hong Kong Trade Development Council reported Sept. 20. The system will seek to standardize the country’s customs examinations and reduce clearance…
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costs and times, the report said, adding that imported goods will “no longer all be required to undergo a full physical examination.” The system will be rolled out in stages for various imports. The first phase, which took effect this month, applies to imported metals.