Authorized Economic Operator (AEO) facility for importers and exporters.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... (AEO) facility for importers and exporters. Attention of all importers and exporters as listed in the Annexures to this Notice, Custom Brokers, Custodians is brought to CBEC Circular No. 33/2016-Customs dated 22.07.2016 as amended by Circular No. 3/2018- Customs dated 17.01.2018. These Circulars are on the Authorized Economic Operator (AEO) facility provided to the importers/exporters and othe....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....arance. v. Mutual Recognition Agreements (MRA) with other Customs Administrations* (Exports of Indian AEO's will be facilitated in the partner country. Import from partner country AEO will be facilitated in India) vi. Faster disbursal of Drawback amount. vii. Fast tracking of refunds and adjudications. viii. Extension of facilitation to exports in addition t....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....A with South Korea and Hong Kong. Future MRA's are being negotiated with USA, Malaysia, Taiwan, Singapore. 3. All the entities already certified under AEO Programme would now be accorded the status of AEO-T2 or AEO-LO, as the case may be, and shall be entitled to benefits as per the Circular No. 33/2016-Customs dated 22.07.2016 as amended subject to their adherence to prescribed standards a....