September 23, 2020 | Investopaper
The Kolkata Port Customs of India has made Electronic Data Interchange (EDI) system mandatory for cargo arriving in Nepal from third countries. EDI has been made mandatory since last Friday to make paperwork free for trade with third countries through Kolkata port. This system, which was implemented one year ago, was not mandatory before.
An arrangement has been made for the importer to submit the documents online for the CTD of the cargo through this system. This is expected to speed up the cargo movement of Nepal through Kolkata port.
The importers have been submitting the documents including bill of lading, packing list, certificate of origin, letter of credit, certificate issued by the Consulate General in Kolkata to the port customs through their representatives. With the full implementation of this online system, the obligation to deliver these documents to the port customs will be removed.
The system is designed to allow agents to upload documents from their office. Although somewhat inconvenient to implement now, it is expected to facilitate cargo handling once it goes into practice.