Which nation was the recipient of the Mutual Recognition Agreement signed by the Central Board of Indirect Taxes and Customs?
Australia.
2023 August
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The Mutual Recognition Arrangement (MRA) between the Department of Home Affairs, which includes the Australian Border Force, of the Australian Government, and the Central Board of Indirect Taxes and Customs (CBIC), India, has been approved for signing and ratification by the Cabinet, which is presided over by Prime Minister Narendra Modi. The agreement aims to give accredited and reliable exporters from both signatories reciprocal advantages in the clearance of goods by the customs authorities of the importing country.