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Cabinet Secretary and the Chairman of the National Committee on Trade Facilitation (NCTF) stresses the need to continuously move towards higher standards of excellence so that the trade eco system becomes more growth oriented; Steering Committee working under NCTF to be co-chaired by the Revenue Secretary and the Commerce Secretary

News and Press Release - Dated:- 29-10-2016 - The Cabinet Secretary and the Chairman of the National Committee on Trade Facilitation (NCTF), Mr.P.K.Sinha stressed the need to continuously move towards higher standards of excellence so that the trade eco system becomes more growth oriented. Shri Sinha was delivering the Keynote Address in the First Meeting of NCTF here today. The Meeting was held pursuant to the establishment of the National Committee on Trade Facilitation (NCTF) vide order dated .....

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up the significant areas of TFA as simplification of procedures, reduction in time and cost, augmentation of infrastructure and greater use of technology. He also directed that the Steering Committee, working under NCTF, will be co-chaired by the Revenue Secretary and the Commerce Secretary. He decided that in the initial phase, the NCTF and the Steering Committee may meet more frequently to firm- up the contours of TFA implementation plan. It was decided that the next meeting of the NCTF will t .....

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, CBEC said that TFA on Customs side is as important as GST in Indirect tax reform. The Revenue Secretary, Dr.Hasmukh Adhia spoke about the need to do away with the multiplicity of Committees looking at trade facilitation at various levels. He suggested that the NCTF which was now the high level national body for same could subsume other such committees and become a uniform voice on these issues. The Commerce Secretary, Ms. RitaTeaotia in her address threw light on how India has engaged itself w .....

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