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Under scanner: Special mechanism for sharing trade data in the works

CBIC come across 12-13 cases of import-export data leaks to dark web

Trade data sharing
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People suspected to be into selling this data are under probe

Shreya NandiShrimi Choudhary New Delhi
The revenue and commerce departments are working on developing a special mechanism for sharing crucial export-import statistics, following instances of data leak putting businesses into jeopardy.

“The revenue department will be putting in place a mechanism that will allow ‘encrypted access’ to trade data that will be shared in a secure manner,” a senior government official told Business Standard. The departments were at odds over data sharing and a delay in compiling daily and weekly trade data. While data sharing resu­med last week, the departments are try­ing to have a strict mechanism on the extent to which data will be

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