Tuesday, June 22, 2021

Cabinet approves signing and ratification of Agreement between India, UK on Customs Cooperation and Mutual Administrative Assistance in Customs Matters

The Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing and ratification of an Agreement between India and the United Kingdom on Customs Cooperation and Mutual Administrative Assistance in Customs Matters.

The agreement would provide a legal framework for sharing information and intelligence between the Customs authorities of the two countries. It would help in proper application of Customs laws, prevention and investigation of Customs offences and the facilitation of legitimate trade.

The agreement takes care of Indian Customs’ concerns and requirements, particularly in the area of exchange of information on the correctness of the Customs value, tariff classification and origin of the goods traded between the two countries.

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