New Delhi, March 9 -- The Central Board of Indirect Taxes and Customs (CBIC) has introduced a temporary relaxation in import procedures to allow unloading of export cargo returning to India due to disruptions caused by the closure of the Strait of Hormuz.
In a circular issued on Sunday, the CBIC said the relief will remain in force for 15 days and is aimed at supporting exporters and shipping lines affected by disrupted West Asian maritime routes amid the ongoing Iran conflict.
Simplified Handling of Cargo
Several vessels carrying Indian export cargo have been forced to return after failing to reach destination ports. To address this, customs authorities have been directed to follow a simplified procedure for handling such containers....