The Finance Minister announced the launch of a Customs Integrated System (CIS) within two years to streamline customs processes. Non-intrusive scanning using advanced technology will be expanded gradually to scan all containers at major ports. Cargo clearance approvals from various agencies will be digitally processed through a single window by the end of the financial year.
The system will also facilitate clearance processes for food, drugs, plant, animal, and wildlife products, which make up 70% of interdicted cargo. Goods without compliance requirements will be cleared immediately by customs upon online registration by importers. New export measures will exempt fish caught by Indian vessels from duties and treat their landing at foreign ports as exports.
Additionally, the government plans to remove the Rs 10 lakh value cap per consignment on courier exports to support small businesses and artisans. Customs duty waivers are proposed for 17 cancer drugs, seven rare disease drugs, and the establishment of a second National Institute of Mental Health and Neurosciences (NIMHANS) in North India to enhance mental healthcare.
