The CBIC Pre-payment Customs Compliance Verification (PCCV) initiative, according to which all the Customs formalities are completed and final clearance awaits payment of duties by the importer. It has been noted that after the payment is done, the Customs grants final Clearance through automated Machine Release process, on an average, within 3 minutes from the duty payment.
The bills of entry that have all the three features – advance bills of entry, facilitated bills of entry, and AEO (Trusted Clients programme) bills of entry – has shown a drop in average release time of 46% for seaports, 36% for ICDs and 45% for ACCs than the overall release time for that port category.
The arrival time for cargo at the customs station/port for their regulatory clearance, marked by grant of Let Export order (LEO) has reduced for ICDs and Air Cargo Complexes in 2024 vis a vis 2023. In absolute terms, the average release time taken in export Customs clearance regulatory process, in 2024, stood at 22:49 hours for seaports, 30:20 hours for ICDs, 3:50 hours for ACCs and 5:28 hours for ICPs.
