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Ease in customs clearance of medical equipment to allow faster delivery: Logistics companies

Ease in customs clearance of medical equipment to allow faster delivery: Logistics companies The Central Board of Indirect Taxes and Customs, through a notification, recently provided clarity besides further simplifying procedures for clearances of certain items. Share Via Email   |  A+A A- By PTI MUMBAI: The recent steps taken by the CBIC for customs clearance of emergency medical equipment will help logistics companies in faster delivery of the consignments amid a huge surge in imports of coronavirus-related emergency products, according to the logistics industry. The Central Board of Indirect Taxes and Customs (CBIC), through a notification, recently provided clarity besides further simplifying procedures for clearances of certain items.

Bengaluru airport gets India s first dedicated express cargo terminal

2-lakh-sq-ft built-to-suit facility will house leading global express courier organisations The terminal will have a dedicated space for customs offices and direct access to both land and airside Kempegowda International Airport Bengaluru (KIAB) on Friday (March 12) announced the opening of the country s first dedicated express cargo terminal, which would help the private airport operator to handle over 25 per cent more cargo annually. The express cargo market for business-to-consumer (B2C) and business-to-business (B2B) sectors has tremendous potential to grow over the next decade. It is on account of a larger playing field with multiple service providers, improved transit time, and value-added services and the new facility, set up exclusively for export and import of international couriers, would cater to this demand, Bangalore International Airport Limited (BIAL) said in a release.

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