Ministry of Finance Revises Authorized Banks for Customs Duty Collection

The Ministry of Finance has revised the list of authorized banks for the collection of customs duty. This revision likely involves updating the empanelled banks that are permitted to handle customs duty payments on behalf of importers and exporters. Such changes are part of the government's administrative process to ensure efficient and secure collection of revenue. The updated list would be crucial for businesses involved in international trade to identify the approved channels for remitting their customs duty obligations.