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CBIC makes Short Film showcasing Its Initiatives for Ease of Doing Business in India

CBIC

The Central Board of Indirect Taxes and Customs ( CBIC ) has made a short film showcasing the initiatives taken by the department towards making ease of doing business in India a reality.

The short film made by Board points out the initiatives taken by the department towards making ease of doing business in India a reality. The jump in the rank of India in “Doing Business 2019” report of World Bank Group attest to this fact.

The short film says that GST, a simple unified tax system for goods and services, implemented on 1st July 2017 has made a simpler and faster movement of goods across the country with the help of E-way Bill.

Further, it points out that the customs clearances are also simplified.

It further elaborates the new initiatives like SWIFT and E-SANCHIT.

The new initiative, E-SANCHIT enables the registered persons to file documents online whereas, Single Window Interface for Facilitating Trade ( SWIFT ) enables the Importers electronically lodge their customs clearance documents at a single point.

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