GSTnews item30 October 2023

Customs using cutting-edge tech to detect illicit trade: CBIC head

News Update

Customs using cutting-edge tech to detect illicit trade: CBIC head

Published Date: Oct 31, 2023
Source: ICAI PD Committee
India’s Custom authorities are “actively deploying” cutting-edge technologies including big data analytics, artificial intelligence, image analytics to detect fraud and curb illegal trade, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Agarwal said on Monday. “The Indian customs administration is combining domain expertise with innovative technology to manage cargo related risks and ensure compliance effectively. A curated risk based approach is being deployed in processing and mitigating the identified risks associated with customs declaration while consciously striking a balance between enforcement and facilitation,” Agarwal said while speaking at the ‘Global Conference on Cooperation in Enforcement Matters’ organised by the Directorate of Revenue Intelligence.
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Customs using cutting-edge tech to detect illicit trade: CBIC head