Foreign customs depts seek Indian valuation technology

Foreign customs depts seek Indian valuation technology
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First Published: Thu, May 10 2007. 05 45 PM IST
Updated: Thu, May 10 2007. 05 45 PM IST
By PTI
Mumbai: Success achieved by Indian Customs department in detecting import undervaluation using indigenously built database has led to increasing number of foreign countries seeking information about the technology.
“National Import Database (NIDB) was implemented in November 2001 by Department of Valuation (DoV) to check loss incurred due to undervaluation of imports. Till last fiscal (2006-07), the DoV had an extra revenue of Rs 603 crore,” director general of valuation, customs, S Dutt Majumder said.
This success made the technology popular across the world, especially in developing countries. Ten nations have so far sent their delegations to India. “Since 2006, the DoV has trained visiting Customs delegation from Ethopia, Tanzania, Kenya, Ghana and Maldives. Presentations were also given for senior Customs delegates from Sri Lanka, Australia, South Africa and Russia,” the DG Valuation said.
It had even sent a senior officer, additional commissioner, S K Rahman, to Maldives for helping the country’s concerned department. “Being signatories of WTO, we share our technology and even impart free training to foreign delegates. This has helped us earn immense goodwill,” he said.
NIDB is a real time electronic data base of goods imported at all customs stations in India. It culls out data related to valuation from Electronic Data Interchange (EDI) and captured daily data.
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First Published: Thu, May 10 2007. 05 45 PM IST
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