Finance Ministry launches online Customs tariff database

The Department of Economic Affairs (DEA) in the Finance Ministry is getting tech-savvy by the day. It has gone in for an electronic database of Customs tariffs to equip itself for better policy making on the import tariff front.

The electronic database, which would also be accessible to trade through the Internet soon, covers 11,000 tariff codes, import policy, non-tariff barriers, country preferences and import and export values and quantity for the two years 2006-07 and 2007-08. However, the online access of the database would come only at a price for trade and industry.

Courtesy: Business Line (July 22, 2009)