Current Affairs · Government Schemes & Reforms
In October 2025, the Central Board of Indirect Taxes and Customs introduced system-based auto-approval for IFSC code registration to improve Ease of Doing Business for exporters. What key change eliminated manual intervention by port officers?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Approval across multiple customs locations if approved at one✓
- 230-day processing timeline
- 3Mandatory physical verification
- 4Auto-rejection of duplicate requests
Correct answer
Approval across multiple customs locations if approved at one
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