Simplification and rationalization of AEO-T1 Application - reg.

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....rovisions regarding requirement and processing of AEO T1 application of CBIC Circular No. 33/2016-Customs, Dated 22.07.2016 as amended by Circular No. 03/2018 Dated 17.01.2018 (available at: http://www.cbec.gov.in/Customs-Circulars- Instructions) and Public Notice No. 04/2018 dated 30.01.2018 issued by this office. 2. CBIC vide Board Circular No. 26/2018, dated 10.08.2018 has prescribed that the present Annexure for AEO T1 application i.e. Annexure A, C, D, E1, E2, E3 & E4 shall be replaced with Annexure 1 and Annexure 2 (enclosed). The processing by way of new annexure, (i.e. annexure 1 & 2) alongwith DECLARATION in prescribed format (Copy Enclosed) will come into effect immediately. All the new applications for AEO T1 are to be mandatori....

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....ed new annexure, (i.e. Annexure 1 & 2) or to comply with the requirements specified in the deficiency memo, if any deficiency memo has been issued to them. 6. The Board Circular No. 33/2016-Customs dated 22.07.2016 as amended by Circular No. 03/2018 dated 17.01.2018 stands modified to above extent vide Board Circular No. 26/2018, dated 10.08.2018. 7. In case of any difficulty, the specific issue may be brought to the notice of Nodal Officer of AEO Cell or Deputy/Assistant Commissioner in charge of AEO Cell, New Custom House, Panambur, Mangaluru - 575 010 (email address: commrcusmnglr@ nic.in). Sd/- (DR M. SUBRAMANYAM) Commissioner of Customs APPLICATION FORM FOR GRANT OF AEO T1 STATUS Annexure - 1 (General Compliance) S.No. Compl....

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....he last financial year. 10 Duration for which the entity has business activities preceding the date of application? 11 Provide Process Map that should illustrate the flow of goods and provide sample copy of relevant record keeping documentation (related to - sales &purchase order, inventory management of warehouse and manufactured goods, shipping/transport document) to ascertain the complete trail and flow of goods. It should describe all the activities/ operations and role of the applicant and that of other business partners who are involved in the import-export supply chain in any manner. Annexure - 2 (Legal, Managing Commercial Records and Financial Solvency Compliance) S. No. Compliance Parameter Yes /No Remark 1 Whether t....

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....entioned process/formalities please provide details of the representative along with the document that brings out the responsibility of the representative. 6 Provide in brief the procedure to ensure the protection of your computerized record system from unauthorized access? 7 Provide procedures for back-up, recovery, archiving and retrieval of your business records. Please state for how long is this data archived. 8 Provide the net worth along with the audited Audit Report of your company for last 3 Financial Year. 9 Provide the Net Current Assets for your company for last 3 years. If it is negative, bring out the reason for the same 10 Provide details of any insolvency, bankruptcy or liquidation proceedings taken against your co....