Background

New air cargo security standards could gum up e-commerce exports

“At issue is whether the TSA will recognize the security controls of e-commerce fulfillment centers, warehouses and other shippers as sufficient rather than require them to pay costs associated with 100% screening of their air cargo shipments.”

[FreightWaves]

China puts drones, laser tech on restricted export list

“On Friday, the ministry had said that 23 areas of innovation - ranging from space materials to 3D printing, encryption and large-scale high-speed wind tunnel design - had been added to the restricted export list.”

[ANI]

India announces deferred duty payment scheme

“Central and state level public sector undertakings (PSUs) can now pay customs duty 15 days after clearance of imported goods through customs, a move that is set to ensure speedier clearance and ease compliance for companies.”

[The Economic Times]

India frames rule to curb duty evasion, misuse of trade pacts

“The new norms are a result of an amendment in the Customs Act earlier this year. They bring in two key changes. First, importers claiming preferential tariff must follow the revised procedure; and two, customs officers have been given wider powers to scrutinise origin of imported goods.”

[Bloomberg]

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