Extension of ACP Programme to Export House/ Trading Houses

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.... Sub : Extension of ACP Programme to Export House/ Trading 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....

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....rcular No.42/2005-Cus dated 24.11.2005 will read as follows: 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 Acco....

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.... cases/ of infringements relating to Customs, Central Excise and Service 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....