First Meeting of National Committee on Trade Facilitation(NCTF)
PURSUANT to the establishment of the National Committee on Trade Facilitation vide order dated 11th August, 2016, its first meeting was held on 28th October, 2016 at the North Block, New Delhi. NCTF is a mandatory requirement under Article 23.2 of the WTO Agreement on Trade Facilitation. Its Secretariat is housed in CBEC.
The meeting was chaired by the Cabinet Secretary Mr. P.K. Sinha and attended by all the 24 members of the NCTF, which included Secretaries of various Ministries/Departments like Revenue, Commerce, Home, Shipping, Civil Aviation, Textiles, as well as Industry Associations like FICCI, CII, FIEO, etc. The meeting started with a welcome address by Mr.Najib Shah, Chairman CBEC who said that TFA on Customs side is as important as GST in Indirect tax reform.