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ARTICLE · 06 NOVEMBER 2017

Pilot Implementation Of Paperless Processing Under SWIFT/ e‐Sanchit

S.S. Rana & Co.
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The Central Board of Excise & Customs (hereinafter referred to as "CBEC") on October 20, 2017, vide circular No.40/2017-(Customs) dated October 13, 2017, launched e- SANCHIT on a pilot basis.

IndiaIntellectual Property
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Introduction

The Central Board of Excise & Customs (hereinafter referred to as "CBEC") on October 20, 2017, vide circular No.40/2017-(Customs) dated October 13, 2017, launched e- SANCHIT on a pilot basis. The said portal was launched with the aim of facilitating trading across borders and slowly move towards paperless processing and uploading of supporting documents.

With the objective of reducing physical interface between Customs/regulatory agencies and to increase the speed of clearance, it is proposed to introduce a facility to upload digitally signed supporting documents on a pilot basis to be launched shortly. The proposed "Single Window Interface for Trade" (SWIFT), would reduce interface with Governmental agencies, reduce precious time & the cost of doing business in India.

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