New Delhi, Feb 1 (IANS) The government will roll out a Customs Integrated System (CIS) within two years as a single, integrated and scalable platform for all customs processes, Finance Minister Nirmala Sitharaman said on Sunday while presenting the Union Budget 2026-27.The utilisation of non‑intrusive scanning with advanced imaging and AI technology for risk assessment will be expanded in a phased manner to scan every container across all major ports, according to an official statement.The app…
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New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman, presenting the Union Budget 2026-27 in the Parliament on Sunday, announced that the proposals for customs and central excise aim to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversion in duty.The new Budget proposes to reduce the tariff rate on all dutiable goods imported for personal use from 20 per cent to 10 per cent to rationalise the customs duty structure.To…
