Faceless Assessment by Customs is a classic example of a system made with good progressive intention, but which resulted in hardship and challenges to the industry during implementation and is yet to be streamlined.
As the name suggests, Faceless Assessment refers to the process of assessment without direct physical interaction of stakeholders with the help of technology, to result in speedy processing, standardization and exclude human biases. The faceless assessment was first introduced in 2019 for direct tax. Customs implemented Faceless Assessment as a progressive initiative and step to counter allegations of collusion of Officers, Customs Brokers, and importers.
It was expected that with reduced direct interaction, assessment would be uniform and will not be barred by subjective interpretation of laws, while also being free from any bias, and would get completed in a shorter period. However, despite various steps like implementing a pilot program, phase wise implementation, release of 80 pages of guidelines, FAQ and several dialogues and outreach programs, the challenges of Faceless Assessment are reduced but not eliminated, and neither does the industry see any benefits of it.
TURANT CUSTOMS
Ministry of Finance, CBIC via a circular 9/2019 dated 28.2.2019 introduced Turant Customs as next generation reforms consisting of three main pillars 1) Paperless Customs 2) Contactless customs, and 3) Faceless Customs. The Ministry aimed to achieve the following objectives:
● Achieve EODB ranking within top 50
● Use technology as a lever for faster clearance and release of goods
● Uniform practice and transparency of decision
● Avoid routine inter-phase and port shopping for favorable assessment
● Reduction in transaction cost
FACELESS ASSESSMENT - DIRECT TAX AND CUSTOMS
Bu hikaye Logistics Insider dergisinin February 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Logistics Insider dergisinin February 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Coldman Logistics launches 7,000 Pallets Capacity Temperature Controlled Warehouse in Kolkata
Understanding the need to address the capacity demands in the cold chain sector and to improve the overall cold chain infrastructure, Coldman Logistics has recently announced the launch of its new state-of-the-art temperature-controlled warehouse with a capacity of 7,000 pallets in the capital city of West Bengal.
FACELESS ASSESSMENT
A Right step, but still a long way to EODB
MODI NATURALS Doing it Right
Commencing its journey in 1974, getting listed at the Bombay Stock Exchange, and entering the consumer division in 2012 with the brand Oleev, Modi Naturals Ltd. has come a long way. Over the years, the organisation has been adding new product portfolios to its lineage that have now become household names.
People-centric Digital Supply Chains For The Win
As tech innovation continues to make life easier, the debate about the inescapable future of Al continues, putting into question the role and importance of people. Many believe that as tech develops, it will be the answer to all the problems. While the efficiency and consistency brought by technology into a business are unquestionable, we see if that is enough. We explore the importance of people in the supply chain and logistics ecosystem and take the word from the experts that people-centric digital innovation is the need for modern supply chain.
Emerging Markets Logistics Outlook 2023-Asia
While 2022 marked a slow economic recovery from the Covid-19 disruptions, 2023 W will see international markets still struggling to break free of the financial quicksand created by the pandemic.
"THE LAUNCH OF AMAZON AIR WILL HELP US DELIVER AN EVEN WIDER SELECTION FASTER"
Amazon has been at the forefront of the global e-commerce industry and has made significant contributions to its supply chain in all regions it operates in. Same goes for India, where Amazon has been picking up investment pace in terms of warehouses and transportation.
NEARSHORING Supply Chains' New Kid on the Block?
As the pandemic crippled supply chains around the world, industry leaders realised the urgency of improving connectivity with their buyers and suppliers. Adding fuel to the fire are the COVID-related restrictions on entry and exit into China even two years after the disease took over the world and the war between Russia and Ukraine which led to several disruptions in cargo movement through Eastern Europe. In such a scenario, Nearshoring gaining strength as a concept seems only fair and obvious. With this piece, we try to simplify as well as gauge the concept in its entirety.
AMWAY INDIA Keeping customers, suppliers and the environment close in the walk towards success
Operating since over two decades in India, Amway offers around 10 brands and thousands of SKUs in nutrition, home, beauty and personal care products. It also takes pride in its contributions towards Make in India and driving a sustainable supply chain. With a global presence in more than 60 countries Amway's complex supply chain network includes a global warehouse management platform that improves inventory management and traceability, increases throughput and helps standardise business processes worldwide. In this interview with Logistics Insider, Rahul Gupta, Senior Vice President Procurement (Europe, India & Central Asia), Amway India gives insights into some interesting facets of their supply chain.
2023 WORD OF THE YEAR ADAPTABILITY
Volatility, uncertainty, complexity and ambiguity make up the VUCA world and a critical trait to sustain in this world is adaptability. A trait that enables supply chain leaders across the world to upgrade the way they work and enable business. continuity. With back to back disruptions becoming a norm of the new post-pandemic world, adaptability has emerged as a keyword in the books of supply chain leaders. In our cover story this month, we asked a few of such leaders about their thoughts on adaptability, its potential and the way it is transforming traditional supply chains.
"More Hits Than Misses" INDUSTRY REACTS TO THE BUDGET
The major aspects of this year's Budget, which are connected to the supply chain and logistics sector, will focus on promotion of railways and coastal shipping as cost and energy efficient modes of transportation, creation of critical transportation infrastructure, urban infrastructure development, sustainable development (green growth), creation of skilled workforce, providing support to MSMEs and revamping the tax and duties structure. In this special feature, we take a look at what the industry thinks about Sitharaman's proposals this year.
