{"id":112632,"date":"2017-03-08T14:25:24","date_gmt":"2017-03-08T08:55:24","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=112632"},"modified":"2017-03-08T14:25:24","modified_gmt":"2017-03-08T08:55:24","slug":"cabinet-approves-indias-accession-to-the-customs-convention-on-international-transport-of-goods-under-cover-of-tir-carnets-tir-convention","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/03\/08\/cabinet-approves-indias-accession-to-the-customs-convention-on-international-transport-of-goods-under-cover-of-tir-carnets-tir-convention\/","title":{"rendered":"Cabinet approves India&#8217;s accession to the Customs Convention on International Transport of Goods under cover of TIR Carnets (TIR Convention)"},"content":{"rendered":"<div class=\"contentdiv\">\n<div style=\"text-align: justify;\" align=\"center\">The Union Cabinet has given its approval for India&#8217;s accession to the Customs Convention on International Transport of Goods under cover of TIR Carnets (TIR Convention) and for completion of necessary procedures for ratification, for its entry into force.\u00a0The Convention will help Indian traders to have access to fast, easy, reliable and hassle free international system for movement of goods by road or multi- modal means across the territories of other contracting parties.<\/div>\n<div style=\"text-align: justify;\" align=\"center\"><\/div>\n<div style=\"text-align: justify;\" align=\"center\">By joining the Convention, the need for inspection of goods at intermediate borders as well as physical escorts en route shall be obviated due to reciprocal recognition of Customs controls. Customs clearance can take place at internal Customs locations thereby avoiding clearances at Border Crossing Points and ports that may often be congested. Movement under the TIR can be allowed by checking only the seals and the external conditions of the load compartment or the container thereby reducing border delays, transport and transaction costs thereby leading to increased competitiveness and growth for the trade and transport sectors.<\/div>\n<div style=\"text-align: justify;\" align=\"center\">\n<p>Compliance with the Convention shall ensure enhanced security in the supply chain as only approved transporters and vehicles are allowed to operate in terms of the Convention. As the TIR Carnet represents a guarantee for Customs duties and taxes and traffic in transit, there is no need for payment of such taxes and duties en route. The TIR Carnet also serves as a Customs declaration, and hence it precludes the need to file multiple declarations satisfying national laws of the different transiting countries. The TIR Convention can be an instrument for movement of goods along the International &#8220;North-South&#8221; Transport (INSTC) Corridor and would be helpful in boosting trade with the Central Asian Republics and other Commonwealth of Independent States (CIS), particularly using ports in Iran like the Chabahar port. The proposal does not result in any direct financial implication for the Government of India as it pertains to India&#8217;s accession to an international convention.<\/p>\n<p><b>Background: <\/b>The Customs Convention on International Transport of Goods under cover of TIR Carnets, 1975 (TIR Convention), is an international transit system under the auspices of the United Nations Economic Commission for Europe (UNECE) to facilitate the seamless movement of goods within and amongst the Parties to the Convention. At present there are 70 parties to the Convention, including the European Union.<\/p>\n<\/div>\n<div style=\"text-align: right;\" align=\"center\">Cabinet<br \/>\n<center><\/center><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet has given its approval for India&#8217;s accession to the Customs Convention on International Transport of Goods under cover of <\/p>\n","protected":false},"author":91,"featured_media":28141,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,8],"tags":[],"class_list":["post-112632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-treaties_conventions_internationalagreements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ 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approves accession to the Protocol under WHO Framework Convention on Tobacco Control to eliminate illicit trade in tobacco products","author":"Saba","date":"May 4, 2018","format":false,"excerpt":"The Union Cabinet has given approval to accede to the Protocol under World Health Organization (WHO) Framework Convention on Tobacco Control to eliminate illicit trade in tobacco products. It will be applicable to both smoking and chewing or smokeless tobacco (SLT) forms as\u00a0 negotiated and adopted under Article 15 of\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/05\/tobacco_no_smoking.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/05\/tobacco_no_smoking.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/05\/tobacco_no_smoking.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/05\/tobacco_no_smoking.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/05\/tobacco_no_smoking.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":172954,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/12\/02\/india-re-elected-member-international-maritime-council-2-years-2018-19\/","url_meta":{"origin":112632,"position":1},"title":"India re-elected as Member of International Maritime Council for 2 years (2018-19)","author":"Saba","date":"December 2, 2017","format":false,"excerpt":"India has been re-elected to the Council of the International Maritime Organization [IMO] under Category \u201cB\u201d at the 30th session of the Assembly of the IMO held in London on 01 December, 2017. The IMO Council consists of 40 member countries. In Categories \u201cA\u201d and \u201cB\u201d there are 10 members\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/12\/International-Maritime-Organisation.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/12\/International-Maritime-Organisation.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/12\/International-Maritime-Organisation.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/12\/International-Maritime-Organisation.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2017\/12\/International-Maritime-Organisation.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":217523,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/31\/cabinet-approves-signing-of-un-convention-on-international-settlement-agreements-resulting-from-mediation-by-india\/","url_meta":{"origin":112632,"position":2},"title":"Cabinet approves signing of UN Convention on International Settlement Agreements resulting from mediation by India","author":"Bhumika Indulia","date":"July 31, 2019","format":false,"excerpt":"Union Cabinet has approved the signing of the United Nations Convention on International Settlement Agreements (UNISA) resulting from mediation by the Republic of India scheduled to be held at Singapore on 7-08-2019, or at United Nations Headquarters. Benefit: Signing of the Convention will boost the confidence of the investors and\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":118181,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/04\/cabinet-approves-ratification-of-minimum-age-convention-1973-and-worst-forms-of-child-labour-convention-1999-of-ilo\/","url_meta":{"origin":112632,"position":3},"title":"Cabinet approves ratification of Minimum Age Convention, 1973 and Worst Forms of Child Labour Convention, 1999 of ILO","author":"Saba","date":"April 4, 2017","format":false,"excerpt":"The Union Cabinet has given its approval for ratification of the two fundamental conventions of the International Labour Organization, namely, Minimum Age Convention (No. 138) concerning minimum age for admission to employment and the Worst Forms of Child Labour Convention (No. 182) concerning the prohibition and immediate action for elimination\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/08\/child-labour.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/08\/child-labour.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/08\/child-labour.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/08\/child-labour.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/08\/child-labour.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":126151,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/21\/cabinet-approves-signing-of-protocol-amending-the-convention-between-india-portugal-for-avoidance-of-double-taxation\/","url_meta":{"origin":112632,"position":4},"title":"Cabinet approves signing of Protocol amending the Convention between India &#038; Portugal for avoidance of Double Taxation","author":"Saba","date":"April 21, 2017","format":false,"excerpt":"The Union Cabinet has given its approval for signing of a Protocol amending the Convention between India and Portugal for avoidance of double taxation. The Protocol will also ensure prevention of fiscal evasion with respect to taxes on income.\u00a0Once the Protocol enters into force, both India and Portugal would be\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":131791,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/19\/cabinet-approves-signing-of-multilateral-convention-to-implement-tax-treaty-related-measures\/","url_meta":{"origin":112632,"position":5},"title":"Cabinet approves signing of Multilateral Convention to Implement Tax Treaty Related Measures\u00a0","author":"Saba","date":"May 19, 2017","format":false,"excerpt":"The Union Cabinet has given its approval for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting. The Convention is an outcome of the OECD\/G20 BEPS Project to tackle base erosion and profit shifting through tax planning strategies that exploit gaps and mismatches\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/112632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=112632"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/112632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/28141"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=112632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=112632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=112632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}