The Cabinet today approved the Agreement signed between India and Tajikistan on Cooperation and Mutual Assistance in Customs Matters.
The Agreement was signed to facilitate both the democracies with relevant information for the prevention and investigation of Customs offences.
The Agreement is also expected to facilitate trade and ensure efficient clearance of goods traded between the countries, Bureaucracy Today has learnt.
The Cabinet said the Agreement would provide a legal framework for sharing of information and intelligence between the Customs authorities of the two countries and help in the proper application of Customs laws, prevention and investigation of Customs offences and the facilitation of legitimate trade.
The Agreement takes care of Indian Customs' concerns and requirements, particularly in the area of exchange of information on the correctness of the Customs value declared, origin of goods and the tariff classification of the goods traded between the two countries, the Cabinet said.