CBIC to Launch Electronic Processing for Trade via Personal Carriage

02 Apr 2025 CW Team

The Central Board of Indirect Taxes and Customs (CBIC), under the Ministry of Finance, will introduce electronic processing of Bill of Entry/Shipping Bill for gems and jewellery, samples, and prototypes transported via personal carriage by air passengers from May 1, 2025, at specified airports.

This initiative aligns with the Foreign Trade Policy (FTP) 2023 and the Handbook of Procedures (HBP) 2023. The facility will be available at:

Nine airports for gem and jewellery exports: Delhi, Mumbai, Kolkata, Chennai, Kochi, Coimbatore, Bengaluru, Hyderabad, and Jaipur (as per Para 4.87 of HBP).
Seven airports for gem and jewellery imports: Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, and Jaipur (Para 4.88 of HBP).
Four airports for machinery samples/prototypes: Bengaluru, Chennai, Delhi, and Mumbai (initial rollout).

The electronic processing system will streamline documentation and customs clearance, enhancing ease of doing business, particularly for the gems and jewellery sector and high-end manufacturing industries.

(PIB)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..