In a fillip for e-commerce export, India eases norms for couriers

New Delhi: India has removed the 10 lakh cap on export by courier firms and enabled the return of uncleared parcels to senders from 1 April, easing shipment constraints and improving turnaround times, the Central Board of Indirect Taxes and Customs (CBIC) said on Tuesday.

The changes that were first announced in the FY27 Union budget are part of reforms to strengthen and streamline e-commerce exports and the broader courier-based cross-border trades, the CBIC said.

These changes aim to boost ease of doing business, reduce logistics inefficiencies and strengthen India’s global export competitiveness, particularly for small businesses, artisans and startups, it said.

Removing the existing value limit of 10 lakh for commercial export consignments through courier mode is expected to significantly boost exports, especially for e-commerce exporters. It eliminates the need to divert such shipments to conventional air or sea cargo solely due to value restrictions, the CBIC said.

Under the return to origin facility, goods that remain uncleared or unclaimed for more than 15 days and are not prohibited or restricted may be returned to the origin in order to ease congestion at courier terminals and improve logistics efficiency.

The government has also simplified the procedure for re-import of returned or rejected goods, including those relating to e-commerce exports.

Currently, to get exemption from customs duty on reimport of such goods, they were to be shown to be the same goods as exported. This made it challenging for both exporters, including e-commerce ones, and the customs department to verify each parcel.

These reforms are supported by system-based enhancements and process simplifications. The measures are expected to reduce dwell time, lower transaction costs and provide significant relief to exporters, logistics operators and other stakeholders involved in international courier trade, especially e-commerce, the CBIC said.

The measures strengthen Indias e-commerce export ecosystem and enhance the countrys competitiveness in global trade, it said.

Improving the competitiveness of cross-border trade is a priority for the government as it helps the country integrate better with global value chains and boosts domestic manufacturing.

Latest

Elon Musk must face class action over late disclosure of Twitter stake, judge rules

X-CORP-MUSK-LAWSUIT:Elon Musk must face class action over late disclosure of Twitter stake, judge rules

Government notifies Finance Act 2026

The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the legislative process t

India’s $700 billion reserves can deter speculation, targeted FX tools necessary

The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of res

STT hike on futures and options from April 1, long-term impact limited

STT on options premium and exercise has been increased to 0.15 per cent from the current rates of 0.10 per cent and 0.125 per cent, respectively.

3.1 lakh PNG connections gasified in March, 2.7 lakh more being added

Besides, over 3.2 lakh 5 kg cylinders have been sold to migrant labourers since March 23, with more than 63,000 sold on Monday, a ministry statement said.  

Topics

Mamdani puts New York City government back on TikTok

Mamdani puts New York City government back on TikTok

Elon Musk must face class action over late disclosure of Twitter stake, judge rules

X-CORP-MUSK-LAWSUIT:Elon Musk must face class action over late disclosure of Twitter stake, judge rules

Israel forging new alliances with key regional countries against Iran: Netanyahu

Netanyahu says Israel forging new alliances with important countries to counter Iran threat

Tiger Woods hydrocodone pills: Did he have a prescription for it? Golfer’s medication details emerge amid crash

Report doesn’t confirm hydrocodone prescription. Woods said he had meds for surgeries, denied illegal drugs; appeared limping, sweating, and talkative.

Supergirl trailer: Milly Alcock, Jason Momoa lead James Gunn’s gritty superhero film

The trailer of Supergirl: Woman of Tomorrow was released on March 31. Milly Alcock’s Supergirl faces new dangers to protect her loyal dog, Krypto from the ali

Anthropic’s AI coding tool, Claude Code, accidentally reveals its source code; here’s what happened

Anthropic accidentally exposed the full source code of its AI tool Claude Code due to a packaging error. While no user data or core AI systems were affected, th

India’s average monthly mobile data consumption crossed 31 GB mark, 5G traffic grew by 70%

The report also said that India has now the world's second-largest 5G subscriber base, 5G data consumption and 5G FWA user base, highlight strong momentum in 5G

A quiet emergency in a noisy world

Humanity must not forget that as it wages war, its effects are not only in the trauma the common man faces, but in the multigenerational devastation it wreaks
spot_img

Related Articles

Popular Categories

spot_imgspot_img