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.
A short film made by CBIC showcasing the initiatives taken by the department towards making #easeofdoingbusiness in India a reality.https://t.co/JhHAfT4aHZ@FinMinIndia @EODB_India @PIB_India @MIB_India @DDNewsLive
— CBIC (@cbic_india) December 11, 2018
