National Time Release Study 2022

National Time Release Study 2022

Context

  • Recently, the Central Board of Indirect Taxes and Customs (CBIC), presented a set of Time Release Studies (TRS) conducted by the department.

About National Time Release Study (NTRS) 2022

  • The National Time Release Study (NTRS) 2022 covered 15 major Customs formations, including four port categories – seaports, air cargo complexes (ACCs), inland container depot (ICDs) and integrated check posts (ICPs), which handle about 80 percent of the bills of entry (imports documents) and 70 percent of the shipping bills (export documents).
  • The NTRS 2022 has reported further improvement in the average cargo release time for all the four port categories in 2022 over corresponding period of the previous year: by 2 percent for ICPs to significantly higher 16 percent for ACCs.
  • For the sea cargo cleared through the sea port or inland container depots average release time has improved by 12 percent.
  • With this improvement, the ICPs have achieved the National Trade Facilitation Action Plan (NTFAP) target release time to be achieved by 2023, whereas the other three port categories have reached 75 percent of NTFAP target. National Time Release Study 2022
  • NTRS 2022 and the Custom House level Time Release Studies, which have been conducted using the same data set, obtained from the customs automated system and following the same methodology, have found strong affirmation for the four-fold ‘path to promptness’ , namely:
    • advance filing of import documents enabling pre-arrival processing,
    • risk based facilitation of cargo,
    • benefits of trusted client program – Authorized Economic Operators, and
    • Direct Port Delivery (DPD) facility.
  • It may be mentioned that JNCH was the first major Custom House to initiate annual TRS beginning in 2017, and NTRS 2022 shows that the average import cargo release time has been halved since then.

About Time Release Studies (TRS)

  • Time Release Studies (TRS) are essentially a performance measurement tool for assessing the cargo clearance process of the international trade, as recommended by the World Trade Organization (WTO) under the Trade Facilitation Agreement (TFA) and the World Customs Organization (WCO).
  • It adopts average cargo release time, i.e. the time taken from the arrival of the cargo at the customs station to its eventual release for import or export, as the case may be.

Reference:

https://pib.gov.in/PressReleseDetail.aspx?PRID=1816139

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