Page 3 - Time Release Study News Today

The average time taken for customs clearance of imports has dropped 11 per cent at air cargo complexes and 9 per cent across seaports, a CBIC study showed on Thursday.

The National Time Release Study (NTRS) 2023, presents the average cargo release time for seaports, air cargo complexes (ACCs), inland container depots (ICDs) and integrated check posts (ICPs), which account for approximately 80 per cent of bills of entry and 70 per cent of shipping bills filed in the country.

THE Bureau of Customs (BoC) emphasized its commitment to further strengthen regional trade facilitation and customs cooperation.

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The National Sensitization Workshop on a Time Release Study for Belize was launched with technical support from the WCO.

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CAPITOL HILL, Monrovia – The Liberia Revenue Authority (LRA) has alarmed that the government loses US$300 million to tax waiver each fiscal year, and as the result- there is an urgent need to revisit the tax incentive policies and monitoring framewor

Bangladesh Customs extended its Authorised Economic Operators facility to nine more companies allowing imported cargo to avoid port checks

The shipment of plastic products rose 41 per cent year-on-year to $100.17 million in the first six months of the current financial year as orders surged following the post-pandemic recovery and manufacturers made a foray into new export destinations, official figures showed.

Post-pandemic, the speed in planning and execution will be the determining factor for businesses to survive amid changing behaviour of consumers and the volatility in the global supply chain.