Revenue Authorities worldwide are losing billions of dollars due to irregularities in declared prices. Thus, the Revenue Authorities require an Intelligent Analysis Software System that would enable custom officers to identify, track & detect such variances in import/export prices. Import / Export Commodity Database (IECDB) System analyzes the data arriving at unit values, computes the deviation of identical goods and identifies outliers where import/export prices are out of range from predetermined norms.
The analyzed data is available online helping custom officers to fetch base line value of a commodity, search & retrieve required information and manage operations efficiently and instantly.
