According to CBIC (Central Board of Indirect Taxes and Customs) report, the average time taken for customs clearance on imports have reduced by 16% at air cargo complexes (ACCs) by 12% at seaports & ICDs (Inland Container Depots) and by 2% in ICPs (Integrated Check Posts) when compared to the numbers of 2021.
The report was based on the study that covered bills of entry (for imports) and shipping documents (exports) filled during January 2022 (first week) for cargo clearance through 15 major customs formations (seaports, ACCs, ICPs and ICDs) which manages and processes about 80% of the bills of entry (import documents) and 70% of the shipping bills (export documents).
With these results, the ICPs have accomplished the National Trade Facilitation Action Plan (NTFAP) release time targeted for 2023 before time. Even the other three port categories have earned 75% of the NTFAP target.
The study also mentions that there has been a 79% major improvement in average export release time at ICPs on the land border.