Source: Outlook
Exporters will now have to present only digital copies of shipping bills bearing final let export order and gatepass to customs authorities as the CBIC has launched paperless documentation of exports, a move aimed at saving time and cost of compliance for trade.
In a circular, the Central Board of Indirect Taxes and Customs (CBIC) said in its continuing endeavour to promote ''faceless, contactless, paperless customs'' it has decided to rely upon digital copies of the shipping bill and do away with the requirement of taking bulky printouts from the service centre or maintenance of voluminous physical dockets in the custom houses.
"Board directs that w.e.f. June 22, 2020, only the digital copy of the shipping bill bearing the final LEO (let export order) would be electronically transmitted to the exporter and the present practice of printing copies of the said document for the exporters and also for maintaining a docket in the customs house would stand discontinued," the CBIC said.
The launch of paperless documentation on exports is a sequel to a similar initiative that was begun for imports from April 15, 2020.
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