TaxTMI 
TaxTMI 
TaxTMI 
Simplification and rationalization of processing of AEO-T1 application
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....nd as amended vide Board's Circular No. 03/2018 dated 17.01.2018. 2. The Indian AEO programme is governed by Board's Circular mentioned above. Multiple suggestions have been received by Board from various field formations, wherein it has been emphasized that the compliance requirements for AEO-T1 are not commensurate with the benefits allowed to AEO-T1 entities. The suggestions also highlighted the fact that this has made it difficult to attract entities into the AEO fold. Consequently, a review of the aforementioned Circular was done by Board and felt that the processing of AEO T1 application requires simplification and rationalization. 3. Accordingly, Board issued Circular No. 26/2018 dated 10.08.2018 simplifying the process of AEO T1 a....
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....o the issuance of Board's Circular No. 26/2018 (i.e. before 10.08.2018), the Zonal AEO Programme Manager will have discretion to allow the processing of the application either by way of earlier annexures (Annexure A, C, D, E1, E2, E3 and E4) or by way of the new annexures (Annexure 1 and 2) on case to case basis. 6. Further, the digitization of processing of AEO T1 application is already underway, and the online processing of AEO T1 application will commence as soon as the necessary digital infrastructure is in place. In the meantime, the processing of new AEO T1 application in form of the new annexures (Annexure 1 and 2) will come in effect immediately. 7. The AEO Client Relationship Manager (CRM) of this Custom House mentioned below may....
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.... companies registered under the Companies Act, 1956 and/ or Limited Liability Partnership Act, 2008) PAN Number (copy to be provided) 8(a). Major Items of import and countries (in descending order of volume) 8(b). Major Items of export and countries (in descending order of volume) 9. 10. 11. Number of documents i.e. Bills of Entry or Shipping bills handled, with the Customs Authorities during the last financial year. Duration for which the entity has business activities preceding the date of application? 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, shi....
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....ts/imports? 4 (iii) Do you deal in goods subject to anti-dumping duties, safeguard duties or countervailing duties? If, yes, please briefly provide details of the goods. 5. 6. Provide procedures for verifying the accuracy of Customs declarations including procedure in place on the establishment of Customs Value and tariff classification. In case any Business Partners/representative is involved in the above- mentioned process/formalities please provide details of the representative along with the document that brings out the responsibility of the representative. Provide in brief the procedure to ensure the protection of your computerized record system from unauthorized access? REMARK Document 4 7. 8. Provide procedures for bac....