News / Delhi waives interest charges after tech glitch, but lines slow on D&D

Photo: DP World

After India’s authorities agreed ad-hoc relief for importers on interest due on customs duties delayed by a systems glitch, have extended the scheme .

Following the failure of a new system, interest payments had been suspended until today, but is widely expected to be extended again until the systems failure is fixed.

A data exchange glitch on Icegate, the central customs network, on a new payment module, which went live on 1 April, resulted in import cargo logjams at major ports, incurring interest ...