City
Epaper

Centre rationalises registration fee for coal importers to promote ease of doing biz

By IANS | Updated: April 17, 2025 15:37 IST

New Delhi, April 17 To further promote ease of doing business and ensure uniformity across import monitoring platforms, ...

Open in App

New Delhi, April 17 To further promote ease of doing business and ensure uniformity across import monitoring platforms, the Ministry of Coal on Thursday said it has rationalised the registration fee of the Coal Import Monitoring System (CIMS) portal.

The registration fee has been revised to a flat rate of Rs 500 per consignment, effective from April 15, 2025.

This replaces the earlier fee structure, which ranged from Rs 500 to Rs 1,00,000 per consignment, and rationalisation in registration fee aligns CIMS with similar Import Monitoring Systems such as the Steel Import Monitoring System (SIMS), Non-Ferrous Import Monitoring System (NFIMS), and Paper Import Monitoring System (PIMS) — all of which operate under a flat fee model, according to a Ministry of Coal statement.

CIMS is a digital platform developed to streamline the reporting of coal imports, ensuring timely and accurate data for effective policy formulation and sectoral analysis.

Coal importers are now required to register the details of their consignments in the CIMS portal on or prior to the arrival of shipments in the Port in India.

In a move to strengthen transparency and efficiency in the coal import monitoring, importers are required to obtain an Automatic Registration Number from the CIMS portal, which is to be quoted in the Bill of Entry at the time of customs clearance.

The ministry said it remains committed to facilitating trade, enhancing transparency, and streamlining regulatory processes to support India's growing industrial and energy needs.

The coal production surged to 190.95 million tonnes (MT) in FY25, marking a remarkable 29.79 per cent growth over the previous fiscal’s 147.11 MT. Coal dispatches also witnessed an extraordinary rise, reaching 190.42 MT, a 33.36 per cent increase from the 142.79 MT recorded in FY 2023-24.

India has already crossed the monumental milestone of 1 billion tonnes of coal production.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MumbaiMumbai: 2 Injured After Fire Breaks Out at Colaba Social Bar and Restaurant's Kitchen

InternationalThai PM says military controls nearly all target areas

EntertainmentParthiban cancels Dubai trip to head to Kochi to pay tribute to filmmaker Sreenivasan; wins hearts

EntertainmentSome of the expectations emerging artists set for themselves are worryingly unrealisitic: Santhosh Narayanan

OpinionsConspiracy in Bangladesh Against India

Business Realted Stories

BusinessS. Korean trade minister voices concern over new Canadian steel import policy

BusinessNo changes in existing rules for short selling: SEBI

BusinessPetroleum and Natural Gas Rules 2025 to bring paradigm shift in oil & gas sector: Hardeep Puri

Business‘Greatest gift for Assam’: Leaders and commoners praise PM Modi over Namrup urea plant

BusinessTripura Gramin Bank leads in implementing PM Modi's flagship schemes with last-mile focus: Officials