Ministry of Finance हिन्दी में पढ़ें

Customs agencies of India and New Zealand agree to exchange electronic origin data, supporting trade preferences and smoother goods clearance under their bilateral Free Trade Agreement

Key details of this update
DetailInformation
Date21 October 2026 (Wednesday)
Time5:02 PM
Topic / MinistryMinistry of Finance
LanguageEnglish · हिन्दी में पढ़ें
Reading time2 min (209 words)

India’s Central Board of Indirect Taxes and Customs and the New Zealand Customs Service have agreed to exchange electronic information on the origin of traded goods. Their Memorandum of Cooperation provides a framework for closer customs collaboration.

The arrangement supports the India–New Zealand Free Trade Agreement, which took effect on 20th October 2026. It is intended to help the customs administrations put trade-facilitation measures into practice and make bilateral goods trade more predictable.

CBIC Chairman Vivek Chaturvedi and New Zealand Customs Service Comptroller and Chief Executive Christine Stevenson signed the MoC on 19th October 2026.

The agreement allows origin data to reach the partner administration electronically in advance. Both countries expect better information sharing to support efficient and secure cross-border trade, while strengthening the customs cooperation needed to implement their trade arrangements.

Digital origin-data exchange is expected to reduce gaps in information available to customs authorities. The initiative also seeks to improve operational efficiency and give businesses greater certainty, bringing bilateral cooperation closer to evolving international practices in digital trade administration.

For eligible businesses, the arrangement is intended to make it easier to use the tariff preferences negotiated under the free trade agreement. More effective origin-information exchange should help the benefits reach qualifying traders with greater efficiency and predictability.

More from Ministry of Finance

View all More from Ministry of Finance
  1. Ministry of Finance

    Delhi Customs officers foil another major smuggling attempt at Air Cargo Complex, New Delhi

    On the intervening night of 21st/22nd October, 2026, Air Cargo Complex (ACC) Imports Commissionerate, Delhi Customs officers have made another major breakthrough in their ongoing investigation against narcotics trafficking networks. Preliminary testing…

    Read more →
  2. Ministry of Finance

    DRI seizes 5.6 kg of heroin in Phagwara, Punjab; Four drug traffickers arrested in intelligence-led operation

    The Directorate of Revenue Intelligence (DRI) in continuation to its crackdown on narcotics trafficking has seized 5.6 kg heroin, and arrested four persons in an intelligence-led operation conducted on 21st October 2026…

    Read more →
  3. Ministry of Finance

    DRI busts another attempt to circumvent ban on Pakistani goods under ‘operation deep manifest’; seizes around 25,000 kg Pakistan-origin watermelon seeds; two arrested

    The Directorate of Revenue Intelligence (DRI), under Operation Deep Manifest, has unearthed another attempt to circumvent India’s prohibition on the import of goods originating in or exported from Pakistan. The operation, conducted…

    Read more →
  4. Ministry of Finance

    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chairs 30th Meeting of Financial Stability and Development Council (FSDC) in New Delhi, today

    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the 30th Meeting of the Financial Stability and Development Council (FSDC) along with FSDC members in New Delhi, today. The FSDC,…

    Read more →
  5. Ministry of Finance

    CBDT actively implements Special Campaign 6 for institutionalising Swachhata and administrative efficiency

    The Central Board of Direct Taxes (CBDT) is actively executing Special Campaign 6 for Swachhata, focused on enhancing cleanliness in government offices and resolving pending matters including public grievances and MP/PMO/State Govt…

    Read more →
  6. Ministry of Finance

    Bhopal bus-terminal operation yields methamphetamine seizure above 9 kg; DRI reports one arrest

    DRI reported seizing 9.139 kg of methamphetamine and arresting one passenger at Bhopal ISBT on 20th October 2026. Officers intercepted a bus arriving from Delhi on its route to Bengaluru. The agency…

    Read more →
  1. Vice President's Secretariat

    Vice-President Shri C. P. Radhakrishnan to Visit Andhra Pradesh on October 26–27

    The Vice-President of India, Shri C. P. Radhakrishnan, will visit Andhra Pradesh on October 26–27, 2026. On October 26, the Vice-President will be the Chief Guest at the 40th (Ruby Jubilee) Anniversary…

    Read more →
  2. Ministry of Home Affairs

    In a lethal blow against drugs by Modi Government, NCB launches ‘Operation Trident’, with 38 teams striking 38 locations simultaneously across Assam, Mizoram, and Manipur

    Modi Govt deals another lethal blow against drugs with Operation Trident. Our agencies launched a barrage of simultaneous crackdowns across 38 locations in Assam, Mizoram and Manipur on 23 October, smashing an…

    Read more →
  3. NITI Aayog

    “We can’t run cities from state capitals”: Shri Rajiv Gauba, Member, NITI Aayog at 2nd National Urban Conclave, calls for empowered city governments to Unlock India’s Growth Potential

    Shri Rajiv Gauba, Member, NITI Aayog in his address during the valedictory session of the 2nd National Urban Conclave, highlighted the urgent need for comprehensive reforms in urban governance, planning and financing…

    Read more →
  4. Prime Minister's Office

    English rendering of PM’s address in the 139th Episode of Mann Ki Baat on 25.10.2026

    Welcome once again to ‘Mann Ki Baat’. Twelve years ago, on the pious occasion of Vijayadashami, we began ‘Mann Ki Baat’. Since then, this journey of our’s has continued without a break.…

    Read more →
  5. Ministry of New and Renewable Energy

    Ministry of New & Renewable Energy Actively Implementing Special Campaign 6

    The Ministry of New & Renewable Energy (MNRE), along with its Central Public Sector Undertakings (CPSUs) and Autonomous Institutes, is actively implementing Special Campaign 6. The Ministry and its associated organisations have…

    Read more →
  6. PIB Backgrounder

    Ramsar Sites in India

    India’s network of Wetlands of International Importance under the Ramsar Convention has expanded nearly fourfold since 2014. It has grown from 26 to 103 designated sites covering over 13.87 lakh hectares. Ranking…

    Read more →
  7. Prime Minister's Office

    Prime Minister hails India’s historic best-ever performance and record 114 medals at the Asian Para Games 2026

    Prime Minister Shri Narendra Modi today lauded the extraordinary achievement of India's para-athletes at the just concluded Asian Para Games 2026. The Prime Minister highlighted that with a record 114 medals, this…

    Read more →
  8. Forest and Climate Change

    Agricultural Biological Resources generate around ₹1.04 Crore in ABS Benefits for Biodiversity Initiatives across India

    The National Biodiversity Authority (NBA) has disbursed around Rs. 1.04 crore of Access and Benefit-Sharing (ABS) amount among 27 State Biodiversity Boards (SBBs), two Union Territory Biodiversity Councils (UTBCs). This demonstrates how…

    Read more →
  9. Ministry of Electronics & IT

    Digital India BHASHINI Division Showcases Multilingual AI Solutions for Accessible Research at ETD-2026, IIT Delhi

    The Digital India BHASHINI Division (DIBD), under Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY), Government of India, participated in the 29th International Symposium on Electronic Theses and Dissertations…

    Read more →
  10. Ministry of Social Justice & Empowerment

    SHILP SAMAGAM MELA 2026-Guwahati

    The 08 days Shilp Samagam Mela 2026 is underway at Guwahati, the State Capital of Assam. The Mela is 2nd of the Shilp Samagam Mela Series being organized by the Ministry of…

    Read more →
↑