Customs admin need to use IT to facilitate trade, check revenue loss: CBIC

Customs administration across the globe will have to harness modern technology, like Artificial Intelligence and IoT, to facilitate cross border trade and to check tax evasion, CBIC Chairperson S Ramesh said today.

Speaking on the occasion of India becoming the Vice-Chair of the Asia Pacific (APAC) Region of World Customs Organisation (WCO) , Ramesh said the country will encourage greater communication and connectivity within the region and implement single window system for inter-operability among stakeholders.

Listing out the strategic guiding principles that India as a vice-chair of the APAC region would follow for two years till June 2020, he said the power of social media, analytics, and cloud computing in empowering customs administration in striking the right balance between facilitation and enforcement will have to be nurtured.

"We shall endeavour to ensure that modern technologies, such as Block Chain, Artificial Intelligence, Internet of Things, -based track and trace mechanism become essential tools which will be available to all customs administrations.