The CARE project will be beneficial not only to the importers and exporters but to all direct and indirect stake holders involved in this system. Broadly speaking the businesses of importers, exporters, industrialists, ware house keepers. Shipping lines and shipping agents, Bonded Carriers and Transporters, Terminal Operators, auction bidders and general buyers of auction cargo will get benefited from the new system.
SOME OF THE KEY BENEFITS TO BUSINESSES WILL BE:
-- Reduction in time for clearance of cargo from days to hours, even pre-clearance, if declarations filed in advance resulting in lower inventory costs as Just in time inventory concept becomes adaptable.
-- A healthy and hassle free environment for doing business due to simplified and automated procedures. System is based on self clearance and self assessment concepts.
-- Lowers the Business costs due to Low miscellaneous expenses, like demurrages port handling and agent charges.
-- Simplification of procedures of duty draw back and refunds and doing away of unnecessary document requirements.
-- Allowing the facility of Multi-Model transport, doing away the requirement of separate TP allocation and 24 by 7 working time at port will help in activation of transporters business.
-- An integrated, uniform, Transparent and automated system have always been the demand of Trade and Industry. This one Window/computer based system will comply to all legal demands of trade.
-- Better organisation of the ports due to online intimation of cargo status and less port congestion due to faster ship clearance times.
This system will definitely help in speeding up the economic wheel of this country due to its inherent benefits. Customs is a major stake holder for imports, exports and manufacturing sectors of the country. Removal of Red Tapism and complicated procedures from customs operations will help in growth of healthy economic activity in these sectors and will be a great contribution in the progress of the country.
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