FICCI India's Sole National Issuing & Guaranteeing Association (NIGA) for TIR Carnet
What is the TIR System?
TIR Carnet is an International Customs Transit document facilitates international movement of goods by road or intermodal across the borders of countries that have ratified the TIR Convention, while offering a high level of security. It streamlines procedures at borders, reducing the administrative burden for customs authorities and for transport and logistics companies. It cuts border waiting times significantly, saving time and money and also represents a guarantee for customs duties and taxes and traffic in transit, and eliminates payments of duties and taxes en route. FICCI has been appointed by the Government of India as National Issuing & Guaranteeing Association (NIGA) for the operation of TIR System in India. Read more...