Amendment in the AEO Programme Circular No. 33/2016 dated 22/7/2016

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....vited to the Boards Circular No. 03/2018-Cus dated 17.01.2017 issued from F.No.20/DIC/AEO/Modification/16/59/2017 on the above subject. 2. Please refer to CBEC's Circular No. 33/2016 dated 22/7/2016 on AEO Programme. Consequent to the mid-term review of Foreign Trade policy (FTP) wherein certain additional benefits have been assigned to AEO certified entities, there is an urgent requirement for modification in the existing CBEC's Circular No.33/2016-Cus. dated 22.07.2016. 3. Additionally, in order to maximize the reach of this programme, it has been decided by the competent authority to decentralise the processing of AEO applications so as to meet the objective of trade facilitation and ease of doing business. 4. Accordingly, t....

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....-> Systems / Home -> Public Information -> Indian AEO Programme), The field formation can directly respond to concerned office (viz. Zonal AEO Cell) with the requisite legal compliance information within 14 days of uploading the details." v. Para 3-4 may be read as: "An applicant must be financially solvent during the three financial years preceding the date of application. The applicant should not be listed currently as insolvent, or in liquidation or bankruptcy. Further, the applicant should not have defaulted in payment of due Customs duties during the past three years. The applicants applying for AEO T1 and T2 status, can either submit a solvency certificate by a statutory auditor, or a solvency certificate fr....