World custom Organistation (WCO)

World custom organisation(wco)

India new regional head wco

What just happen?

India has become the vice chair of the Asia Pacific Region of (wco) for a period of two years,july 2018to june 2020.

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Theme of the inaugural ceremony is “customs-Fostering Trade Failitation ”

The Central Board of Indirect Taxes and Customs (CBIC) in partnership with Confederation of Indian Industry (CII)Organised an event on july 16,2018 in New Delhi, to mark the assumption of the new leadership role .

What is wco?

Wco custom is imporant body .To the wco work to easy processing , business friendly , lastest technology uses basically new law and ethics eatblish the custom that it is main region to the work is world customs organistion(wco)

World custom organisation (wco) issues are easily , better Way solving the problem

China ,indonesia and various types of countries more money generate direct to the world custom organisation (wco) .

Through is wco government are generate to the direct economic income.

Improtant Region to the India is new regional head (wco)

The seminar would focus on the framework of standards superheaded by WCO to cope with the exponential growth in e-commerce shipments and the tsunami of parcels that cross border every day.

Key Highlight

About WCO

He world customs organisation (wco), established in 1952 as the customs co-operation council (ccc) is an independent intergovernmental body whose mission isto enhance the effectiveness and effiency of Customs administration

It is headquartered in brussels , belgium

Today , the wco represents 182 customs administration across the globe that collecctively process approxximately 98% of world trade .

IMPORTANT CONVENTIONS OF WCO

Kyoto c-Convention- 1974 The International Convention
On the simplification and Harmonization of Customs procedures

The International Convention on the Harmonized Commodity Description and Coding System (HS Convention ) was adopted in 1983 and came into force in 1988.