Mumbai, Sept 6 (KNN) The first Intermodal Digital TIR Pilot Transport between India and Iran in International North–South Transport Corridor (INSTC), facilitating seamless and paperless cross-border transit of goods was flagged off on Monday.

DS Garbyal, Commissioner of Customs, Nhava Sheva, Mumbai flagged off the Intermodal Digital TIR Pilot Transport between the two countries under the customs guarantee of the TIR system, said a press release.

The TIR system is an international road transport system which plays an important role in facilitating cross border trade flow, adding considerable value to improving regional trade mechanisms.

It has been a successful model globally for reducing trade transaction costs and facilitating higher growth of intra-regional and inter-regional trade. 

Indian Customs Administration is actively working towards full implementation of digital TIR system in the country.

FICCI has been appointed by the Central Board of Indirect Taxes & Customs (CBIC) as National Issuing & Guaranteeing Association for its operation in India like ATA carnet.

During the Customs Convention on June 15, 2017, India agreed to the United Nations TIR Convention.

It is the global customs transit system that enables movement of goods between countries affiliated to the TIR Convention, a 1975 UN -ratified agreement allowing for duty-free movement of freight across nations.

It is overseen by the United Nations Economic Commission for Europe (UNECE) and managed by the International Road Transport Union (IRU), Geneva.

The convention allows goods to be outlined in a TIR carnet and sealed in load compartments. Customs verify the carnet and check the seals, with no need for physical checking of the contents, enabling shipments to pass through countries without being opened at borders.

(KNN Bureau)