Friday, November 22, 2024
Home » Finance » Remote LCS being EDI enabled will help in providing real-time data of movement of goods: Union Finance Minister

Remote LCS being EDI enabled will help in providing real-time data of movement of goods: Union Finance Minister

February 29, 2024
Finance
0

Share

Union Finance Minister Smt. Nirmala Sitharaman launches Electronic Data Interchange (EDI) at remote Land Customs Stations in North Eastern States

EDI enablement of customs stations is making tax system and customs procedures ‘faceless’ and ‘automated’: Revenue Secretary

North Eastern Region (NER) holds a high geostrategic significance and carries an immense trade potential as the Land Custom Stations (LCS) enable flow of trade and transit with neighbouring countries: CBIC Chairman

CBIC firmly committed to leveraged technology for benefit of trade and commerce: CBIC Member (Customs)

Movement of goods and customs clearances to now become more efficient, thus enhancing regional trade and fostering economic growth

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Electronic Data Interchange (EDI) at Land Customs Stations (LCS) of the North East Region (NER), via virtual mode in New Delhi today. With these remote LCS getting EDI-enabled, the movement of goods and customs clearances will now become more efficient, thus enhancing regional trade and fostering economic growth.

The EDI launch was also attended by Shri Sanjay Malhotra, Revenue Secretary, Ministry of Finance; Shri Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC); Shri Alok Shukla, Member (Admin & Vig), CBIC; Shri Vivek Ranjan, Member (Tax Policy & Legal), CBIC; Shri Surjit Bhujabal, Member (Customs), CBIC; Smt. Aruna Narayan Gupta, Member (IT & Tax Payer Services & Technology), CBIC; and senior officials of CBIC and Department of Revenue, Ministry of Finance.

Led by Prime Minister Shri Narendra Modi’s vision for creating modern digital infrastructure and ensuring that the benefits of the digital revolution reach everyone, the Union Finance Minister, in her speech at Guwahati on 21st July, 2023, had commended the Central Board of Indirect Taxes and Customs (CBIC) for converting the non-EDI LCS, mostly located in remote border areas of North and North-East India, into EDI-integrated LCS. She had exhorted the department to incorporate the rest of the functional LCS in NER into the EDI System.

During her address at the launch of EDI at Land Customs Stations in the North East region, Smt. Sitharaman called upon the CBIC and Customs to address the challenges faced by exports and stated that remote LCS getting EDI enabled is important as it will help in providing real-time data on the movement of goods.

The Union Finance Minister also called upon the Customs Department to be alert and vigilant while manning the post in sensitive border areas, especially in areas that are densely populated and vulnerable.

In his address on the occasion, Shri Malhotra said, “The vision of our Prime Minister Shri Narendra Modi to make India a developed country by 2047 involves creation of modern digital infrastructure and use of technology so as to ensure that benefits of digital revolution reach all the citizens. The Electronic Data Interchange (EDI) enablement of the customs stations is one such step in this direction in making tax system and the customs procedures ‘faceless’ and ‘automated’.”

“It is heartening to know that through this event, CBIC has brought the much needed focus on the development of North East India by enabling EDI at the land customs stations in these remotest parts of NER,” Shri Malhotra added.

In his welcome address on the occasion, Shri Agarwal said that the North Eastern Region (NER) holds a high geostrategic significance and carries an immense trade potential as the Land Custom Stations (LCS) enable flow of trade and transit with neighbouring countries.

Shri Agarwal further said that there are 44 LCSs in NER covering 7 States — Assam, Meghalaya, Tripura, Mizoram, Manipur, Arunachal Pradesh and Sikkim. The creation of physical infrastructure and automation of custom processes at the LCSs have always remained a priority of the Indian Customs.

While giving Vote of Thanks, Shri Surjit Bhujabal, Member (Customs), said, “The launch of the EDI system today signifies a monumental step towards enhancing efficiency and promoting Ease of Doing Business in the remote locations of NER. This achievement underscores our firm commitment to leveraging technology for the benefit of trade and commerce.”

With a focus on harnessing technology for development of NER, the CBIC has completed the task of EDI enablement at the following LCS – Ghasuapara, Bholaganj, Shellabazar, Borsora, Khowaighat, Baghmara, Golakganj, Karimganj and Dawki along Indo-Bangladesh border and Zokhawthar along Indo-Myanmar border. These LCSs presented distinct challenges, situated in far-flung areas without Optical Fibre or Mobile Networks. CBIC overcame these obstacles by installing VSAT at several locations. The journey symbolizes not only the technical enhancement of Customs operations but also the commitment of CBIC towards nation’s progress in Kartavya Kaal.

Source : https://pib.gov.in/PressReleasePage.aspx?PRID=2010273

 

Related Posts

Reader / Viewer discretion and disclaimer :
The information provided on SMEConnect (www.smeconnect.in) website is intended for general informational purposes only. While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the content. The views and opinions expressed in the articles and posts on this website are those of the authors and do not necessarily reflect the official policy or position of SMEConnect website. Readers are advised to independently verify any information found on this website before making decisions based on it. We do not endorse, represent, or warrant the accuracy or reliability of any third-party content linked on this site. Furthermore, SMEConnect (www.smeconnect.in) website shall not be held liable for any errors, omissions, or delays in the information provided, nor for any losses, injuries, or damages arising from its display or use. Please note that the content on SMEConnect (www.smeconnect.in) website may be subject to change without notice.