Import/Export Industry Notifications

Scottish Engineering CEO Paul Sheerin told the Scottish Parliament’s Culture, Tourism, Europe and External Affairs Committee a survey of the association members revealed that “all those who export goods are suffering” as a result of Brexit.

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Airlines and forwarders are expecting the congestion and turmoil are sweeping through airports across Europe, and the US “is reaching its peak.” The Loadstar has received various reports of delayed or lost cargo between chaos at handling facilities, with the latest complaints concerning Turkish Airlines’ facility at New York’s JFK.

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The government had begun a drive against fraudulent identity numbers in the second week of November. The Central Board of Indirect Taxes & Customs (CBIC) has claimed that it has discovered over 9,000 fake GST Identity Numbers (GSTIN).

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After overtaking Mumbai’s Jawaharlal Nehru Port Trust (JNPT) as India’s most significant container gateway, Adani-operated Mundra Port is eyeing more market share.

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The slower flow of containers, instead of insufficient vessel limit, is the thing that has pushed the global container system to the edge of total collapse. The pandemic-driven slowdown in the normal circulatory movement of containers, combined with sharply higher volumes, has reduced overall system capacity, driving up rates and creating massive delays that are expected to continue for weeks to come.

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The Federal Maritime Commission said it would order container carriers and port terminal operators servicing the Los Angeles and New York areas to “provide information on their policies and practices related to container returns and container availability for exporters.”

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A federal maritime regulator orders the world’s largest containership companies to provide her agency with container detention and demurrage information to ensure they’re meeting their legal obligations.

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On Thursday, Chief Minister Pinarayi Vijayan said that efforts were being made to introduce more services, including those of foreign airlines, from the Kannur International Airport.

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The Central Board of Indirect Taxes & Customs (CBIC) has issued Circular No. 05 /2021-Customs (N.T.) dated 17th February 2021 regarding Extension in SB005 alternate mechanism. BIC has been decided to measure trade facilitation to keep the Officer Interface available permanently to resolve such errors on payment of a specified fee by the exporter.

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