Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: form 3cd :: TDS :: cpt :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: empanelment :: VAT Audit :: VAT RATES :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment
Customs and Excise »
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector
 Clarification regarding posting of Central Excise officer in Cigarette units-reg.
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports
 Migration to GST of existing Central Excise / Service Tax Assessees
 Rate of exchange of conversion of the foreign currency with effect from 3rd February, 2017
 Budgetary Changes In Customs
 Customs and excise officials upset with GST administration deal with states
 Higher petro excise props up govt tax kitty

CBEC should develop a vision, strategic plan for Customs department: TARC
September, 29th 2014

The Central Board of Excise and Customs (CBEC) should immediately commence work on the development of a Customs vision and strategic plan, the Tax Administration Reforms Commission (TARC) has suggested.

In its second report submitted to the Government on Friday, the TARC said the Vision document and the strategic plan should set out the goals and the implementation strategy that will ensure Customs department’s place among “best-in-class” customs administrations.

The strategy must enhance customer focus and proactively promote voluntary compliance and should include measures like customer guidance in the form of self-assessment check-lists, manuals containing standard operating procedures and fully updated, user-friendly and reliable website.

TARC also said there is a need to institute a robust framework which will address data and information exchange.


The CBEC should revamp its core clearance process and aim at aligning with the best international practices to ensure that cargo moves seamlessly through Indian ports and airports and build substantial capacities to the area of post-clearance audit, the TARC has said.

It should abandon the “gatekeeper” approach underlying the current control mechanism as it is ineffective and promotes rent seeking, the TARC report said.


Parthasarathi Shome-headed TARC has also suggested that CBEC should commence work on building a new generation system to replace the current ICT systems.

Customs should leverage the adoption of the emerging “internet of things” by the logistic industry to real-time tracking of movement of goods across the supply chain, including to container freight stations, inland container depots and special economic zones and eliminate dilatory, costly and unreliable paper based processes.

TARC also wants customs to move away from their traditional administrative approach towards a more proactive and wholesome compliance management approach.

They (Customs) would need to transform their governance, change their control paradigm and become a highly technology driven organisation with a robust and reliable risk management based approach to governance.

Customs should also move away from excessive revenue orientation to be able to fulfil their mandate in areas such as supply chain security and effective implementation of their responsibilities in trade related areas, the TARC report said.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions