Subject: Authorized Economic Operator (AEO) programme, various advantages- reg.
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....bove mentioned subject. 2. As a result of sustained efforts on the part of all stakeholders, volume of consignments cleared through Direct Port Delivery (DPD) (a flagship programme of JNCH) has already exceeded 36%. However, it is observed that there are large number of importers, which are availing DPD facility but have not availed the full benefits of all the "ease of doing measures" initiated by JNCH and Central Board of Indirect Taxes and Customs (CBIC) by not submitting application for certification under Authorized Economic Operator (AEO) programme, which is another major initiative of the Government of India. 3. Authorized Economic Operator (AEO) programme works on modern supply chain security standards with close partnership betwe....
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....imports to ensure just-in-time inventory management by manufacturers - clearance from wharf to warehouse for AEO T1, T2 and T3. ii. Inclusion of Direct Port Entry for factory stuffed containers meant for export by AEOs for AEO T1, T2 AND T3. iii. Provision of Deferred Payment of duties - delinking duty payment and Customs clearance for AEO T2 and AEO T3 iv. Benefits of Mutual Recognition Agreements with other Customs Administrations for AEO T2 and AEO T3. v. Faster disbursal of drawback amount vi. Fast tracking of refunds and adjudications vii. Extension of facilitation to exports in addition to imports depending on the tier of certification. viii. Self-certified copies of FTA / PTA origin related or any other certificates req....