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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 .....

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11thAugust, 2016. NCTF is a mandatory requirement under Article 23.2 of the WTO Agreement on Trade Facilitation. Its Secretariat is housed in Central Board of Excise and Customs (CBEC) in the Ministry of Finance in the national capital. Speaking fur .....

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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 Rev .....

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ake place in December and the Steering Committee will meet twice before that to come-up with specific goals for TFA implementation. The Meeting was chaired by the Cabinet Secretary Mr.P.K. Sinha and attended by all the 24 members of the NCTF, which i .....

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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 sugges .....

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ith the global developments on the WTO Agreement on Trade Facilitation (TFA) and ratified it earlier this year. She elaborated upon the key objective of TFA as being that of reducing the cost of doing business. While many initiatives have been spearh .....

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