India in talks with other countries for mutual recognition of AEO scheme : Chairman CBIC

CBIC scheme drives hassle-free imports

Cont’d. from Pg. 3

TheAEOprogrammeisakeypartof a framework meant to ensure supply chain security standards which recognises the significance of a closer partnershipbetweencustomsandother stakeholdersfromthetrade,Johrisaid.

The AEO programme offers certain privileges to accredited merchants and businesses, which include quicker clearance of shipments at ports, lower inspection rates, quicker tax refunds, facility for deferred duty payment and acceptance of self-declaration of origin ofgoods.

The idea is to let businesses carry outcross-bordertradewitheasebyfirst establishing their credentials by processing documents online and by physical verification. A number of measures have also been taken to enable ease of compliance, such as doing away with the need to furnish physical copies of documents for AEO applications,theupdatesaid.

“As a result of these measures, the average processing time of AEO applications has come down from 160 days in November 2022 to 104 days in March 2023. In the last financial year, a total of 1089 entries were added to the AEO base,” Johri said in the update, adding that there are 5370 accredited businesses as of April and represented imports valued in excess of Rs. 1.72 trillion. “This corresponds to about a quarter of all Bills of Entry filed in2022-23,”theupdatesaid.

India is currently in talks with other countries for mutual recognition of the AEO scheme. According to a report, India is actively seeking to strike deals with the UAE, Australia, Russia, Japan and the East African Community, under whichthehighlyvaluedtradeprivileges given to trusted exporters, importers and logistics players in one country will behonouredbytheotherCountry.

PM Gati Shakti : A new MMLP to be set up at Pithampur, Indore for Rs 900 Cr

INDORE : MoRTH Secretary

Anurag Jain said in a meeting, that the government is planning to develop a multi modal logistics park (MMLP) near Pithampur, Indore in the Sagor village of the Dhar district. He revealed that the park will be spread over 255 acres, to be developed at a cost of overINR900crore.

Indore is known as the Commercial capital of Madhya Pradesh due to rich ecosystem, fertile soil and highquality workforce.

ThePMGatiShaktiNationalMaster Plan is working towards creating an efficient, multi modal and sustainable supply chain ecosystem in India, which is at par with the global standards. TheupcomingMMLPwilltakecuefrom theprinciplesoftheNMP.

Jain said that the MMLP is to be built through a Special Purpose Vehicle (SPV) which will operate on a partnership between the National Highways Logistics Management Limited (NHMNL), the Madhya Pradesh Industrial Development Corporation (MPIDC) and the Rail Vikas Nigam Ltd. (RVNL). NHMNL has alreadydepositedINR177toMPIDCfor acquiring the land for the project, and RVNL will commission a 6 km long railway line to provide rail connectivity totheMMLP.

TheMMLPwillbedeveloped by GR Infraprojects Ltd., and construction is likely to start in September. The site is strategically located near Pithampur industrial area, the city’s apparel and pharma cluster and abuttingtheIndoreTihi-Dahodrailline, as well as proposed Mhow ring road, at 30 kms from Indore Airport and Indore city. The estimated total project cost is Rs1110.58Crore.

The development of the MMLP has beenplannedinthreephasesandtarget completion of Phase-I is 2 years i.e., by 2025 leading to commercial operations. It will cater to about 12.79 million MT cargo in the horizon period of 45 years andwillgivehugeboosttotheindustrial zones in the catchment region such as Indore,Ujjain,Dewas,Dhar,Pithampur, Khandwa and Barwani. It will create lot of employment opportunities and bring in economic development in theregion.

Jain also shed light on the progress of the Delhi-Mumbai expressway during the review meeting. He said that it is expected to be completed by December 2024, making it India’s longest expressway and one of the fastesttobebuiltanywhereintheworld. It will be connecting together Delhi, Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra, and will reduce the travel time from Delhi to Mumbaifrom24hoursto12hours.

The eight-lane access-controlled greenfield expressway, whichhasscope for expansion to 12 lanes, will also connect 93 PM Gati Shakti economic nodes, 13 ports, 8 major airports and 8 multi-modal logistics parks along with spurs to new upcoming greenfield airports such as Jewar Airport, NaviMumbaiAirportandJNPTport.

India to cap sugar exports until H1 2024 as El Nino looms- Govt sources

NEW DELHI: Concerns over the dent in production due to El Nino weatherpattern,theIndianGovernment is likely to not consider allowing sugar exports until at least the first half of the nextseason.Thisisexpectedtoliftglobal sugar prices which are trading near multi-year highs. A Senior Government official who did not want to be identified in line with official rules told Reuters that “the weather is a big negative factor. Last year, despite good monsoon rains, sugar production fell. This year, with El Nino, we can’t take the risk of allowingexportsearly.”

Meanwhile, another Government official explained that in any sugar season, it takes at least a few months to get a clear idea about production, and that’s why the mills will wait until there’sanabsolutelyclearpictureabout production. As far as exports are concerned, the official added, “We will notbeinanyhurryatall.”

Generally, the country decides the amount of sweetener mills could export on October 1st, before the onset of the newmarketingyear.

As per the report, the latest delay in shipments from India due to El Nino could support global sugar prices tradingnearmulti-yearhighs.

The sugar industry witnessed an outputof36milliontonnesatthestartof the current sugar season to Sept. 30, 2023. However, this has squeezed down to32.8milliontonnes.

Further, the reports added that owing to lower output, India allowed exports of 6.1 million tonnes for this season.

In the season from 2021/2022, more than 11 million tonnes were exported from the country which is an all-timehigh.

Zim Integrated Shipping Services

m.v. “X-PRESS ODYSSEY” ZIM VOY ZWF 944/E I.G.M. No. 2346659 Dtd. 13-06-2323

The above vessel is arriving at NHAVA SHEVA (BMCT) on 16/06/2023 with Import Cargo in containers. Item Nos. B/L NOS. 234 ZIMUSYD000024195

Consignees are requested to obtain the DELIVERY ORDERS on presentation of ORIGINAL BILLS OF LADING and on payment of relative charges as applicable within 5 days or else Detention Charges will be applicable.

If there is any delay in CY-CFS movement due to port congestion Line/Agent are not responsible for the same.

Consignees will please note that the Carriers and/or their Agents are not bound to send individual notifications regarding the arrival of the vessel or the goods. For detailed information on cargo availability please contact our office. For any charges enquiries, Please contact on our Import Hotline No. : 4252 4444 Container Movement to OCEANGATE CONTAINER TERMINAL PVT. LTD.

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ZIM INTEGRATED SHIPPING SERVICES (INDIA) PVT. LTD.

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Notice To Consignees

m.v.“FU HUA”

The captioned vessel is due to arrive at MUMBAI Port on 16.06.2023 with import cargo from (CHINA).

Consignee expecting import cargoes on the captioned vessel are requested to present the ORIGINAL BILLS OF LADING duly discharged and obtain delivery orders. In the event of Mumbai Port Trust directing the shifting of the cargo from quay to a storage area within the docks, the same will be undertaken by the vessel agents at the consignees risks and costs.

"Stamp duty" is payable as per the directive of the Superintendent of stamps.

Consignees will please note that the carrier and/or their agents are not bound to send individual notification regarding the arrival of the vessel or their cargo.

Consignees are requested to arrange for clearance of the cargo at the earliest on presentation of the PACKING LIST to our attending surveyors, as it is noticed that the cargo is arriving without proper Marks & Numbers and the same is also not indicated in the Bills of Lading for which the Vessel/Owners/Agents will not be held responsible for consequences arising thereof.

In view of the customs notification in respect to the amendments to the manifest, the consignees are requested to contact the vessel agents office atleast 2 working days prior vessels arrival to verify and confirm that the declarations in the manifest to be filed are in conformity with the bills of lading issued and in possession of the consignees.

In the event of the consignees fail to present their documents for verification and confirm the correctness of the manifest prior filing of the same, the onus of any amendment that will be required after the filing of the manifest with the customs will be on the consignee/receivers who will be responsible for all risk, costs and consequences that may arise. Consignees requiring a steamer survey to be conducted for goods discharged may contact the agents office for the same..

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J.M. BAXI & Co.

Ready Money Mansion Bldg., 2nd Floor, 43 Veer Nariman Road, Near Fountain, Next to Akbarallys, Mumbai 400001 Tel : 91-22-61388177, 61388142, 61388140 / 98704 55206 / 98704 55209 • Fax : 91-22-22040382

Email: jmbdocumentation-mumbai@jmbaxi.com / enq@jmbaxi.com

Notice To Consignees

m.v.“HAI NAM 85”

The captioned vessel is due to arrive at MUMBAI Port on 20.06.2023 with import cargo from (CHINA).

Consignee expecting import cargoes on the captioned vessel are requested to present the ORIGINAL BILLS OF LADING duly discharged and obtain delivery orders. In the event of Mumbai Port Trust directing the shifting of the cargo from quay to a storage area within the docks, the same will be undertaken by the vessel agents at the consignees risks and costs.

"Stamp duty" is payable as per the directive of the Superintendent of stamps.

Consignees will please note that the carrier and/or their agents are not bound to send individual notification regarding the arrival of the vessel or their cargo.

Consignees are requested to arrange for clearance of the cargo at the earliest on presentation of the PACKING LIST to our attending surveyors, as it is noticed that the cargo is arriving without proper Marks & Numbers and the same is also not indicated in the Bills of Lading for which the Vessel/Owners/Agents will not be held responsible for consequences arising thereof.

In view of the customs notification in respect to the amendments to the manifest, the consignees are requested to contact the vessel agents office atleast 2 working days prior vessels arrival to verify and confirm that the declarations in the manifest to be filed are in conformity with the bills of lading issued and in possession of the consignees.

In the event of the consignees fail to present their documents for verification and confirm the correctness of the manifest prior filing of the same, the onus of any amendment that will be required after the filing of the manifest with the customs will be on the consignee/receivers who will be responsible for all risk, costs and consequences that may arise. Consignees requiring a steamer survey to be conducted for goods discharged may contact the agents office for the same..

AsAgents

2nd Floor, 43 Veer Nariman Road, Near Fountain, Next to Akbarallys, Mumbai 400001 Tel : 91-22-61388177, 61388142, 61388140 / 98704 55206 / 98704 55209 • Fax : 91-22-22040382

Email: jmbdocumentation-mumbai@jmbaxi.com / enq@jmbaxi.com