sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Latest Circulars »
 RBI launches Quarterly Order Books, Inventories and Capacity Utilisation Survey: January-March 2018 (Round 41)
 It is not Business as Usual for Lenders and Borrowers (N. S. Vishwanathan, Deputy Governor, Reserve Bank of India – April 18, 2018 – Speech Delivered at National Institute of Bank Management, Pune on Fourteenth Convocation)
 RBI clarifies that there is no currency shortage
 Auction for Sale (Re-issue) of Government Stock (GS) April 16, 2018
 RBI-Auction of Government of India Dated Securities April 16, 2018
 Sovereign Gold Bond Scheme 2018 -19-Series-I
 RBI-Sovereign Gold Bond Scheme 2018-19 Series-I, Operational Guidelines
  RBI-Interest rates for Small Savings Schemes
 Action Points for Lead Banks on Enhancing the Effectiveness of Lead District Managers (LDMs)
 Revised General Notification for Sale of Government of India Treasury Bills/ Cash Management Bill by Auction
 Media interaction with RBI top management from 2.45 pm to 3.05 pm on Thursday, April 05, 2018

Regarding Authorized Economic Operator (AEO) Programme
August, 20th 2015

Circular No. 21/2015

F.No. 450/179/2009-Cus IV (Pt)

Government of India

Ministry of Finance

Department of Revenue

(Central Board of Excise and Customs)

 

New Delhi, dated: 19.08.2015

To,

 

(i)             All  Chief Commissioners of Customs/ Customs (Prev.)

(ii)            All Chief Commissioners of Customs and Central Excise

(iii)           All Commissioners of Customs/ Customs (Prev.)

(iv)          All Commissioners of Customs and Central  Excise

(v)           All Director Generals under CBEC

 

Sir/Madam,

             

Subject: Authorized Economic Operator (AEO) Programme –regarding

           

Reference is invited to Board Circular No 28/2012-Customs dated 16.11.2012 which lays down detailed guidelines on processing, validation and certification under the Authorized Economic Operator (AEO) Programme.

 

2.         Para 15.5 of the Board Circular No. 28/2012- Customs dated 16.11.2012 stipulates that the validity of certificate of AEO status holders shall be for three years.

 

3.         References have been received in the Board requesting therein that in case of validity of certificates being valid for three years, the fresh application for AEO and causing fresh verification as per laid down standards conditions should not be insisted upon as periodical post certification review indicate their continued adherence to the laid down guidelines.

 

4.         The matter has been examined. In this regard, it is seen that as per the Board’s guidelines, the post certification review is done on yearly basis for AEO status holders. Therefore, in order to reduce transaction cost and for ease of doing business, Board has decided that validity of AEO certificate shall be normally for a period of five year or for further period as extended by DGICCE, subject to yearly review of the same by AEO Programme Manager as this will obviate the necessity of filing fresh applications and causing fresh verifications after three years in respect of the AEO status holders.

 

5.         Para 15.5 of Board Circular No. 28/2012-Customs dated 16.11.2012 stands modified to above extent.

 

6.         Difficulty faced, if any, may be brought to the notice of the Board.

Yours faithfully 

 

(Pawan Khetan)

OSD Cus-IV

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System developers CMS developers Content Management Solutions CMS Solutions CMS India Content Management System India CMS development India Website CMS Website Content Management India Portal CMS India CMS Outsourcing CMS Vendor Complete CMS Custom CMS Services

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions