The Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing and ratification of an Agreement between India and the United Kingdom on Customs Cooperation and Mutual Administrative Assistance in Customs Matters.
The agreement would provide a legal framework for sharing information and intelligence between the Customs authorities of the two countries. It would help in proper application of Customs laws, prevention and investigation of Customs offences and the facilitation of legitimate trade.
The agreement takes care of Indian Customs’ concerns and requirements, particularly in the area of exchange of information on the correctness of the Customs value, tariff classification and origin of the goods traded between the two countries.
Support Ethical Journalism. Support The Dispatch
The Dispatch is a sincere effort in ethical journalism. Truth, Accuracy, Independence, Fairness, Impartiality, Humanity and Accountability are key elements of our editorial policy. But we are still not able to generate great stories, because we don’t have adequate resources. As more and more media falls into corporate and political control, informed citizens across the world are funding independent journalism initiatives. Here is your chance to support your local media startup and help independent journalism survive. Click the link below to make a payment of your choice and be a stakeholder in public spirited journalism