Coal Import Monitoring System - CIMS

Coal Import Monitoring System ( CIMS )

1. Introduction

The Coal Import Monitoring System (CIMS) is an online framework that requires importers to provide advance information on steam coal imports.
The system automatically generates a unique registration number for each shipment, eliminating the need to submit manual documents to governments authorities.
The aim of this system is to collect comprehensive data on carbon imports that can be used by the industry domestic to import substitution strategy planning.
CIMS was propelled by the ministry of trade and industry in December 2020 and will be implemented from 1 February 2021

2. Features of CIMS

Online registration facility is available 24×7.
Advance applications are available for consideration.
If an application is not registered completely, it will be saved and available for further processing.
In case of change in organizational structure or hierarchy of the company, the candidates phone/email ID can be changed on the IEC database of DGFT through online IEC correction system.
Importers who submit false data or fail to register their information/data on the declared goods in the CIMS online section are subject to penalty and action under the Foreign Trade Act (D&R), 1992.

3. Benefits of CIMS

Transparency: CIMS increases accountability among importers and reduces the risk of violations.
Protection of Domestic Industry: CIMS ensures fair competition and growth for the domestic coal industry.
Decision Making: The government can use the data collected by CIMS to make better decisions about prices and trade policies.
Real Time Information: CIMS helps to monitor imports into the country in real time.
Policy Simplification: CIMS helps to simplify the process of policy making through data analysis.
Economic Self-Sufficiency: This system helps to increase economic self-sufficiency by reducing imports.
State-owned Coal Producers: CIMS helps state-owned coal producers like Coal India Limited (CIL), Contact importers to see if local sources can meet their requirements.

4. Objective

CIMS is an activity attempted by the Government of India to preserve and upgrade a comprehensive database of progressed data around coal items imported into the nation.
The essential objective of CIMS is to encourage the definition and usage of viable coal moment approaches by utilizing the information gotten through the framework.
CIMS points to guarantee that as it were high-quality coal is imported into the nation. Whereas moreover controlling the coal import advertise and ensuring residential coal makers from unjustifiable competition.
The framework plays a vital part in giving the government with dependable and precise data approximately the volume, esteem and quality of coal imports, which empowers them to create educated choices with respect to coal moment arrangements.

5. Frequently Asked Questions (FAQs)

What is Full Form of CIMS?

Coal Import Monitoring System

Can CIMS be modified?

No, once the application is submitted, then you cannot modify any changes.

What is the validity of CIMS registration number?

CIMS registration number is valid for 75 days from the date of issuance

Who are eligible for CIMS?

Anyone who is interested or already involved in the business of coal import can register for this CIMS registration.

Is CIMS recognized by UGC?

Yes, Coal Import Monitoring System is recognized by UGC.

Who can import coal in India?

It can be imported by consumers based on their commercial prudence.

6. Conclusion

The Government of India has implemented the Coal Import Monitoring System (CIMS) to control coal imports, protects the domestic industry and monitor the growth and sustainability of the Indian coal sector. The system will also help the authorities to better understand the needs of the end users and help to meet their needs, which may affect the business and income of the importers for long time.

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Coal Import Monitoring System - CIMS