Advantages of Indian Customs EDI System

 

Advantages of Indian Customs EDI System
 

Some of the benefits of Indian Customs EDI System are:

(a) Speed: EDI System is fully-automated, quick and paperless. This facilitates improved customs clearance and inspection procedures. Notifications of releases are speeded up as a result of the electronic releases being generated automatically.
 

(b) Time and Cost Savings: Computerization of customs procedures resulted in time and cost savings due to reduced need to prepares handle, store and deliver customs documentation. This will also provide certainty required to exploit modern business practices such as "just-in-time" inventory.
 

(c) Certainty and Fairness: Improvements in communications, access to intonation and transparency of customs processes and appeals increased the Level of certainty and fairness. Importers know the amount of duties and taxes owing as a result of the clear and consistent rules.
 

(d) More opportunities for Exporters: Exporters across the world have benefited from similar facilities and, thus increasing market access opportunities, while reducing costs and complexity. The time and energy so saved can be better utilized for exploring and developing new markets and products.
 

(e) Beneficial to Customs House Brokers: Customs brokers have an opportunity to focus their services from dealing with forms and complexity to using their expertise and knowledge to bring a new range of services In expanding and evolving new market.
 

(f) Beneficial to Carriers: Carriers benefit from faster service, lower costs and ability to use their equipment to its utmost capacity rather than having it delayed at Customs. Electronic clearances provide quicker cargo releases, resulting in more efficient deliveries.
 

(g) Round the Clock Facility: Fully automated process with little or no intervention by either party provides a virtual on-line scenario. Declarations can be accepted round the clock automatically, resulting in maximum efficiency and higher productivity.
 

(h) Other Benefits:

 Fewer: Errors and Duplications: Reduction in administrative man processes resulting in fewer errors and no duplication.

 Harmonised Relationships: Harmonised business relationships with other bodies such as Ports, DGFT Airlines, Container Depots etc.

 

 

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