Work­shop on Clear Pune

PCHAA re­cently hosted a work­shop on ‘Clear in Pune’ and ‘WTO Trade Fa­cil­i­ta­tion Agree­ment’ ini­tia­tives.

Cargo Talk - - Association - CT BU­REAU

TFA con­tains com­mit­ments on har­monised doc­u­men­ta­tion, pro­ce­dure for the move­ment of goods across in­ter­na­tional bor­ders

Com­ment­ing on the ob­jec­tive of or­gan­is­ing the work­shop, Vinod Sharma, Pres­i­dent, Pune Cus­toms House Agents’ As­so­ci­a­tion (PCHAA) and Hon­orary Trea­surer, FFFAI, said, “As per our theme ‘Clear in Pune’ we are en­cour­ag­ing all the EXIM trade to clear their goods from Pune ICDs. Also, as an as­so­ci­a­tion we wanted to keep our mem­bers up­dated on the forth­com­ing changes, thanks to WTO TFA ini­tia­tives and their im­pact on the trade. IT pre­pared­ness has also been dis­cussed in this re­gard.”

San­tosh Vatsa, Joint Com­mis­sioner of Cus­toms, Pune, high­lighted the fa­cil­i­ties avail­able in Pune ICDs. He main­tained that here the present turn­around time for clear­ance of im­port con­tainer is 24 hours and it was a good achieve­ment for Pune EXIM Trade. “We will re­lease draw­back within 15 days from the date of ex­ports,” he an­nounced. Vatsa in­vited sug­ges­tions from the trade to en­hance EXIM trade and to clear their goods from Pune ICDs. Samir J Shah, Chair­man, FFFAI, dis­cussed var­i­ous as­pects of the TFA be­tween In­dia and WTO. He un­der­lined the prime ob­jec­tives of TFA — uni­for­mity and fa­cil­i­ta­tion across the global mar­ket. “There is no cor­re­la­tion be­tween WTO TFA and FTA (Free Trade Agree­ment that hap­pens be­tween two coun­tries). While the rule based mul­ti­modal ac­tiv­ity, i.e., TFA is for fa­cil­i­ta­tion of global trade, FTA is con­cerned about rev­enue as­pect re­lated to bi­lat­eral trade be­tween any two coun­tries. TFA con­tains com­mit­ments about a host of mea­sures on sim­pler and har­monised doc­u­men­ta­tion and pro­ce­dure for the move­ment of goods across in­ter­na­tional bor­ders,” he clar­i­fied.

Shah also high­lighted the rapidly emerg­ing con­cepts like RMS, Self-As­sess­ment, DPD, Pre-Ar­rival Clear­ance, etc. Com­ment­ing on the ben­e­fits of TFA in­clud­ing en­try to new mar­kets and cost re­duc­tion of 10/13-15 per cent for de­vel­oped/de­vel­op­ing coun­tries, Shah main­tained that it would strengthen ease and speed of do­ing busi­ness.

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