Special measures to facilitate MSME for AEO T1 & T2 accreditation

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....TICE NO. 08/2021 DIN : 20210178000000000D0B Subject: Special measures to facilitate MSME for AEO T1 & T2 accreditation- reg- ******** Kind attention of all Importers, Exporters, Members of Trade and Industry Associations and Stakeholders is drawn to the CBEC Circular No. 33/2016 dated 22.07.2016 (as amended), and Circular No. 54/2020-Customs dated 15.12.2020 issued by Central Board of ....

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....n each half-year period of the preceding financial year (Ref.: Para 3.1.7 of the Master Circular). (ii) The requirement for the applicant to have "business activities for at least three financial years preceding the date of application" has been relaxed to two financial years. (Ref.: Para 3.1.6 of the Master Circular). (iii) The qualifying period for legal and financial complianc....

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....nimum verifiable security criteria. (Ref.: Para 3.5 of the Master Circular). (vi) The time limit for processing of MSME AEO TI & AEO T2 application has been reduced to fifteen working days (presently one month) and three months (presently six months) respectively after the submission of complete documents for priority processing by customs zones. (vii) The benefit of relaxation i....

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....2 (Legal, Managing Commercial Records, and Financial Solvency Compliance). Further, the third annexure for AEO T2 is MSME Annexure 3 (Safety and Security Requirements). These annexures have been designed to fulfil the aspirations of simpler application procedure with reduced documentation requirement for AEO accreditation of MSMEs. 5. All the Trade Association/ Members of Customs Broker Associa....