BSE Prices delayed by 5 minutes ! Prices as on   Apr 30, 2025 - 3:59PM   ABB India 5509 [ -1.35% ]ACC 1884.25 [ -0.46% ]Ambuja Cements 539.4 [ 0.99% ]Asian Paints Ltd. 2423.3 [ -1.17% ]Axis Bank Ltd. 1183.9 [ -0.36% ]Bajaj Auto 8033.55 [ -0.57% ]Bank of Baroda 250 [ -1.19% ]Bharti Airtel 1863.7 [ 2.18% ]Bharat Heavy Ele 226.55 [ -2.26% ]Bharat Petroleum 310.15 [ -0.47% ]Britannia Ind. 5446.05 [ -0.42% ]Cipla 1551 [ 0.65% ]Coal India 385.2 [ -0.96% ]Colgate Palm. 2583.1 [ -2.35% ]Dabur India 486 [ 0.48% ]DLF Ltd. 673.75 [ 2.25% ]Dr. Reddy's Labs 1183 [ 0.57% ]GAIL (India) 188.85 [ -0.32% ]Grasim Inds. 2736.45 [ -0.34% ]HCL Technologies 1564.05 [ -0.47% ]HDFC Bank 1923.75 [ 0.81% ]Hero MotoCorp 3839.9 [ -0.29% ]Hindustan Unilever L 2341.25 [ 0.81% ]Hindalco Indus. 623.65 [ 0.16% ]ICICI Bank 1422.55 [ -0.48% ]Indian Hotels Co 788.05 [ -0.29% ]IndusInd Bank 838.45 [ 0.14% ]Infosys L 1498.9 [ 0.10% ]ITC Ltd. 425.3 [ -0.14% ]Jindal St & Pwr 892.6 [ -0.27% ]Kotak Mahindra Bank 2205.8 [ 0.02% ]L&T 3340.55 [ 0.48% ]Lupin Ltd. 2094.65 [ 1.32% ]Mahi. & Mahi 2925.2 [ 0.55% ]Maruti Suzuki India 12207 [ 3.04% ]MTNL 41.69 [ -2.14% ]Nestle India 2380.35 [ -0.30% ]NIIT Ltd. 128.5 [ -3.13% ]NMDC Ltd. 64.76 [ -1.27% ]NTPC 354.5 [ -0.77% ]ONGC 244.2 [ -0.63% ]Punj. NationlBak 100.18 [ -2.35% ]Power Grid Corpo 306.65 [ 1.12% ]Reliance Inds. 1408.35 [ 0.57% ]SBI 788.15 [ -2.91% ]Vedanta 419.15 [ 0.67% ]Shipping Corpn. 178.35 [ -2.22% ]Sun Pharma. 1830.2 [ 1.41% ]Tata Chemicals 836.2 [ -2.50% ]Tata Consumer Produc 1159.65 [ -0.81% ]Tata Motors 644.15 [ -3.22% ]Tata Steel 139.75 [ -1.20% ]Tata Power Co. 384.2 [ -2.31% ]Tata Consultancy 3429.65 [ -1.21% ]Tech Mahindra 1502.6 [ 0.49% ]UltraTech Cement 11645 [ -1.87% ]United Spirits 1560.45 [ 1.00% ]Wipro 241.5 [ 0.02% ]Zee Entertainment En 106.32 [ 0.11% ]
BSE

MARKETS

News Details

( As on 28/04/2025 20:03)

India, Bhutan Hold 6th Joint Customs Meet in Thimphu

The 6th Joint Group of Customs (JGC) Meeting between India and Bhutan was held on 24th-25th April 2025 in Thimphu, Bhutan. The meeting was co-chaired by Mr. Surjit Bhujabal, Special Secretary and Member (Customs), Central Board of Indirect Taxes and Customs (CBIC), Government of India, and Mr. Sonam Jamtsho, Director General, Department of Revenue and Customs, Ministry of Finance, Royal Government of Bhutan.

India is Bhutan’s top trade partner both as an import source and as an export destination accounting for about 80% of Bhutan’s overall trade. Trade with Bhutan through the land Customs Stations is significant as Bhutan is a land-locked country. The India-Bhutan Joint Group of Customs meetings are held annually to discuss issues relating to re-defining and re-engineering of Customs procedures, promote Customs cooperation and Cross-border trade facilitation with alignment to global best practices. There are 10 Land Customs Stations along the India-Bhutan Border in the States of West Bengal (6) and Assam (4).

The 6th JGC meeting discussed a host of bilateral issues for enhancing trade and transit between the two countries. The automation and digitisation of transit processes, Coordinated Border Management (CBM), pre-arrival exchange of Customs data, Customs Mutual Assistance Agreement (CMAA) and movement of transit cargo under Electronic Cargo Tracking System (ECTS) were discussed, among others. The meeting concluded on an optimistic note.

Bhutanese side extended their sincere thanks to CBIC for their continued support, especially recognising the capacity-building workshop titled ‘Advancing India Bhutan Trade and Economic Partnership’, held from 29th July to 1st August, 2024, which played a vital role in easing export processes and addressing trade-related concerns. India proposed extending capacity building programmes in the areas of Risk Management System (RMS), Authorised Economic Operator (AEO), Food Safety Standards besides need-based capacity building for importers and exporters from the Bhutanese side.

Both sides reaffirmed their shared commitment to strengthening Customs cooperation, enhancing trade facilitation, and ensuring secure and efficient border management.