Extension of ACP Programme to Export House/ Trading Houses

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....ading Houses Reg. Kind attention is invited to Boards Circular No. 42/2005-Cus dated 24.11.2005 introducing Accredited Programme (ACP) to grant assured facilitation to importers who have demonstrated willingness to comply with Customs laws. 2. Representations have been received in the Board from Trade and Industry Associations requesting to extend the benefit of ACP scheme to the category of sta....

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.... 7(i) They should have imported goods valued at Rs. Ten Crores (assessable value) in the previous financial year; or paid more than Rs. One Crore of Customs duty in the previous financial year; or , in the case of importers who are also Central Excise assesses, paid Central Excise Duties over Rs. One Crore from the Personal Ledger Account in the previous financial year, or they should be recognize....

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....Tax for grant of ACP status. Accordingly, it has been decided to amend the Para 7(iii) of the Circular No.42/2005-Cus dated 24.11.2005 to specify the following category of cases booked in the previous three years that would disqualify a person from the grant of ACP. Thus, the amended para 7(iii) will now read as follows: 7(iii) They should have no cases of Customs, Central Excise or Service Tax, ....