24X7 Customs Operation a great help to Exporters: FIEO

[FIEO Press Release dated 8^th August 2012]

Introduction of 24x7 Customs Clearance Operation will reduce transaction time and cost and would help exporters to meet the stringent delivery schedule.  This was stated by Mr. M. Rafeeque Ahmed, President, Federation of Export Organisations (FIEO).   While complimenting this decision of the Government, Mr. Rafeeque Ahmed said that exporting community had been requesting for this facility and implementation of the same will greatly help them in clearance of their import-export shipments.  It will also lead to reduction of congestion at the Ports & Airports. The FIEO Chief added that India’s ranking will also improve as far as ease of doing business in India is concerned. Mr. Rafeeque Ahmed hoped that this facility will also be extended soon to export consignments other than Factory Stuffed export containers and exports under Free Shipping Bills. This trade facilitation measure will definitely encourage the exporters and India will be able to achieve the set export target.