Technology is making trade more trendy

In past decades, global trade grew with consistent investment in infrastructure such as ports, shipping lines and cargo facilities. Now, global trade will be driven by high-tech and digitization

Pranjal Sharma

Login to the ICEGATE portal of the Indian Customs department and a chatbot named Vaani pops up to support the user — a new-age support for a centuries-old business. Indian Customs Electronic Data Interchange Gateway (ICEGATE) is the national portal of India’s Central Board of Indirect Taxes and Customs (CBIC), which provides e-filing services to the trade, cargo carriers and other trading partners electronically.
CBIC says that ICEGATE serves as an interface between trade users and the Customs department, and acts as a hub for exchanging information with external trading partners involved in international trading. According to the government, ICEGATE has aided in collection of customs duty worth Rs 1.3 trillion annually. The department has also implemented an internal automation of the Custom House for “a comprehensive, paperless, fully automated customs clearance system that makes the functioning of Customs clearance transparent and efficient
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Feb 19 2023 | 5:57 PM IST

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