Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chief
New Delhi: The Customs department should accelerate the deployment of artificial intelligence, machine learning, and real-time analytics to reduce physical interface with trusted taxpayers, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Chaturvedi said on Wednesday. Outlining 5 pillars for the Customs department to follow over the next decade, Chaturvedi said the CBIC intends to create a “unified, trusted taxpayer ecosystem” which records consistent compliance by businesses in GST, customs and other indirect tax payments. This would bring synergy across the indirect tax division.
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Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chief Why it matters: Research is moving the AI stack right now, and this update helps explain what changed for builders. Source: Telecomliveweb https://a2zai.ai/bytes/customs-...
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