Advance Authorisation self-declaration allowed for AEOs; application processing decentralised and solvency rules tightened and validity periods specified. Amendments decentralise AEO application processing, designating the Commissioner, Directorate of International Customs as AEO Programme Manager and requiring submission to jurisdictional Chief Commissioners with a copy to the Manager. AEOs may apply for Advance Authorisation on self-declaration where SION/ad hoc norms are absent or additional inputs are used. Financial eligibility requires solvency for the prior three years; T1/T2 may submit auditor or independent CA solvency certificates while T3/LO (and T2 under review) require statutory auditor certificates. AEO validity is three years for T1/T2 and five years for T3/LO.
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Advance Authorisation self-declaration allowed for AEOs; application processing decentralised and solvency rules tightened and validity periods specified.
Amendments decentralise AEO application processing, designating the Commissioner, Directorate of International Customs as AEO Programme Manager and requiring submission to jurisdictional Chief Commissioners with a copy to the Manager. AEOs may apply for Advance Authorisation on self-declaration where SION/ad hoc norms are absent or additional inputs are used. Financial eligibility requires solvency for the prior three years; T1/T2 may submit auditor or independent CA solvency certificates while T3/LO (and T2 under review) require statutory auditor certificates. AEO validity is three years for T1/T2 and five years for T3/LO.
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