India: Maritime Trade goes all Electronic

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(Image Courtesy: Business Standard)

The Indian government has made the use of e-Invoices, e-Payments and e-Delivery orders mandatory across the maritime trade as it seeks to push digitisation of trade processes to improve the ease of doing business.

Stakeholders across major ports (owned by the Central government) and terminals therein, private ports, private terminals, container freight stations (CFS) and inland container depots (ICD) have been directed to use e-Invoices, e-Payments and e-Delivery orders, according to an order issued by the Shipping Ministry, with effect from April 2.

The government has also directed stakeholders to use the Port Community System (PCS), a centralised web-based message exchange platform for the Indian maritime community run by the Indian Ports Association (IPA), to exchange the documents.

PCS is linked to the Indian Customs Electronic Commerce/Electronic Data Interchange Gateway or ICEGATE, a portal that provides e-filing services to trade and cargo carriers and other clients of the Customs Department, enabling faster clearance.

e-Invoice, e-Payment and e-Delivery Order features were added in the PCS over the past year.

(Source: Hindu Business Line)

Sea News, April 10