The study covers four seaports, six air cargo complexes, three inland container depots and two integrated check posts. These cumulatively account for approximately 80% of the bills of entry and 70% of the shipping bills filed in the country. The study is aimed at assessing the progress made towards the National Trade Facilitation Action Plan (NTFAP) targets, identifying the impact of various trade facilitative initiatives, such as ‘Path to Promptness’ and the challenges to faster reduction in release time.
The distance travelled towards NTFAP, a ready performance indicator for inter-temporal comparison, has improved 14 percentage points in the case of ICDs, and 5 percentage points for ACCs as well as seaports, according to the study.
The study highlighted that higher levels of facilitation and more efficient interventions translate into lower release time. This continues to be validated by NTRS 2023, which reports that the average release time for facilitated bills of entry was 55% lower than average release time for non-facilitated bills of entry, in respect of all the port categories.
The export release time at seaports has improved by 8% from 191:41 hours in 2022 to 175:55 hours in 2023, albeit with only marginal improvement in time taken post grant of LEO (Let Export order).
The focus on assessment of export facilitation, which is aimed at simplification, modernisation, and harmonisation of export processes, through measurement of export release time, is consistent with the high priority by the government on export promotion, according to the study. “CBIC is looking at reducing average release time to one hour by 2047,” Vivek Johri, chairman, CBIC ( Central Board of Indirect Taxes and Customs), said at an event on Friday.
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