Shivendra Jha
Partner - Head of Advisory Services and International Liaison Partner (ILP)
Overview
With tax digitisation, more countries are shifting from periodic assessments to real-time or transaction compliances, which increases the load on an organisation’s tax department to timely and accurately report tax data. To avail of various benefits under the provisions of the Customs Law and Foreign Trade Policy, companies need to extensively adopt and upgrade their technology, systems, and processes.
Our E-Customs solution is a cloud-based tool developed to manage transactional customs data to meet the requirements of various internal/external stakeholders.
How BDO UAE Can Help
- License Repository: License-wise tracking of duty saved, import and export obligation
- Document Repository: Customs document storage and data extraction through advanced technologies with smart tagging, indexing and retrieval
- Tracking Incentives: Utilisation of export and import refunds/ incentives and drawback from Shipping bills and Bills of Entries
- High governance and cost optimisation: Reduces manual effort
- Recurring: Annexures for Drawback, Certificate of Origin and other FTP-related benefits
- Dashboards and MIS Reports: Analytical dashboards and performance indicators on incentive utilisations
- Automation and Integration: Exchange of data between applications, automatic reconciliation
