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India’s First Time Release Study
August 3 , 2019
1856 days
1523
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- The Department of Revenue, Ministry of Finance is conducting India’s first national Time Release Study (TRS).
- It will be conducted between to enable faster movement of cargo across borders to benefit traders.
- It will be conducted at the same time across 15 ports including sea, air, land and dry ports between 1st – 7th August.
- The Overall Objective is to identify and address bottlenecks in the trade flow process and take the corresponding policy and operational measures required to improve the effectiveness and efficiency of border procedures.
- The TRS is an internationally recognized tool advocated by World Customs Organization (WCO) to measure the efficiency and effectiveness of international trade flows.
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