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Budget 2019 Expectations - Customs Law & Its Overhaul

July 2, 2019[2019] 107 taxmann.com 6 (Article)
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Since it is the 57th year of introducing the Customs Law and time for Union Budget 2019-20, it is the right time to overhaul or lay foundations for new Customs Regime in line with global standards. The World Bank’s recent ‘Ease of Doing Business Ranking 2019 – Trading Across Borders, India has massively jumped to 80th Rank which was up from 146th in 2018.
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