Government Streamlines Registration Fees for Coal Importers to Boost Business Efficiency
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Synopsis
The Ministry of Coal has revised the registration fee for the Coal Import Monitoring System (CIMS) to a flat rate of Rs 500 per consignment, effective April 15, 2025. This change aims to enhance business efficiency and aligns CIMS with other similar systems.
Key Takeaways
- New registration fee of Rs 500 per consignment.
- Effective from April 15, 2025.
- Aligns CIMS with other import monitoring systems.
- Supports real-time monitoring of coal imports.
- Mandatory registration before shipment arrival.
New Delhi, April 17 (NationPress) In a bid to enhance the ease of doing business and achieve consistency across various import monitoring platforms, the Ministry of Coal announced on Thursday the revision of the registration fee for the Coal Import Monitoring System (CIMS) portal.
The new registration fee is set at a uniform rate of Rs 500 per consignment, starting from April 15, 2025.
This update replaces the previous fee structure, which varied from Rs 500 to Rs 1,00,000 per consignment. The adjustment in the registration fee brings CIMS in line with other similar Import Monitoring Systems, including the Steel Import Monitoring System (SIMS), Non-Ferrous Import Monitoring System (NFIMS), and Paper Import Monitoring System (PIMS), all of which utilize a flat fee model, as stated by the Ministry of Coal.
This initiative aims to support real-time monitoring and informed decision-making regarding coal imports, marking a significant step towards the government's vision of achieving 'Atmanirbhar Bharat'.
The CIMS is a digital platform designed to optimize the reporting of coal imports, providing timely and accurate information essential for effective policy development and sector analysis.
Coal importers must now register their consignment details in the CIMS portal before or upon the arrival of shipments at Indian ports.
To enhance transparency and efficiency in coal import monitoring, importers must obtain an Automatic Registration Number from the CIMS portal, which should be referenced in the Bill of Entry during customs clearance.
The ministry reiterated its dedication to facilitating trade, increasing transparency, and refining regulatory processes to support India's expanding industrial and energy demands.
Coal production soared to 190.95 million tonnes (MT) in FY25, representing an impressive 29.79 per cent increase compared to the previous year's 147.11 MT. Coal dispatches also saw remarkable growth, reaching 190.42 MT, a 33.36 per cent rise from 142.79 MT recorded in FY 2023-24.
India has successfully surpassed the significant milestone of 1 billion tonnes in coal production.
