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Indian Customs Electronic Gateway

11-01-2025

08:30 AM

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1 min read
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Overview:

The ministry of Commerce has said that the discrepancy in the gold counting error numbers was primarily due to migration of data transmission mechanisms from SEZ to Indian Customs Electronic Gateway (ICEGATE).

About Indian Customs Electronic Gateway: 

  • It is known as ICEGATE which was established in 2007.
  • It is the national portal of Indian Customs of Central Board of Indirect Taxes and Customs (CBIC) that provides e-filing services to the Trade, Cargo Carriers and other Trading Partners electronically.
  • It serves as a centralized hub for all electronic interactions between Indian customs and the trading community.
  • It is the main infrastructure for connecting trade users with the Indian government's customs department, and acts as a hub for exchanging information between external trading partners involved in international trading.
  • It is internally linked with multiple partner agencies including RBI, Banks, DGFT, DGCIS, Ministry of Steel, Directorate of Valuation and other various Partner Government Agencies involved in EXIM.
  • It collectively contributes to streamlining customs procedures, enhancing trade facilitation, and promoting transparency and efficiency in cross - border trade activities in India by providing multiple features for it's users.

Q1: What is Export-Import Bank of India (EXIM Bank)?

It is the premier export finance institution of the country. It was established by the Government of India, under the Export-Import Bank of India Act, 1981.EXIM Bank wholly owned by the Government of India.

Source: IE