NEW DELHI: Cars, smartphones, machines, medicines, garments — anything made in India will be allowed ‘warehouse to wharf ‘ export in a single day under a new Make in India green channel that seeks to give a big boost to local manufacturing and exports. Under the facility that will begin at select ports in a month, cargo clearance will shorten from about a week to a few hours, a senior government official told ET.
Among the measures aimed at helping to make the policy work, there will be no upfront payment of any duties. That will be settled later when the paperwork is done. “It would be launched after the passage of the finance bill,” the official said, adding that this would allow clearance of shipments without any payment of duty as proposed in the budget.
