New Delhi, March 8: The central government has relaxed customs procedures for export cargo that is returning to India after ships were forced to turn back due to disruptions in key maritime routes, including the closure of the Strait of Hormuz.
The move comes after several vessels carrying Indian export consignments were unable to reach their destination ports because of the ongoing disruptions in the region.
As a result, some ships have returned to Indian ports with cargo that had already been cleared for export.
In a circular issued by the Central Board of Indirect Taxes and Customs (CBIC), the government announced a simplified process for handling such consignments when they arrive back at Indian ports.
The temporary relief is aimed at addressing concerns raised by exporters and shipping companies.
It will also help process “back to town” requests from exporters whose cargo could not be delivered overseas.
The relaxation will remain in effect for 15 days from the date of the circular. (IANS)
