TIOL-DDT 2895 · Monday, 25 July 2016 · story 3 of 8

Accredited Client Programme (ACP) and Authorized Economic Operator (AEO) programme

CBEC has decided to merge the two facilitation schemes ACP and AEO into a combined three-tier AEO programme, and also enhance the scope of these programmes so as to provide further benefits to the entities who have demonstrated strong internal control system and willingness to comply with the laws administered by the Central Board of Excise and Customs. The prominent features of the new programme are:

i. Inclusion of Direct Port Delivery of imports to ensure just-in-time inventory management by manufacturers - clearance from wharf to warehouse

ii. Inclusion of Direct Port Entry for factory stuffed containers meant for export by AEOs

iii. Special focus on small and medium scale entities - any entity handling 25 import or export documents annually can become part of this programme

iv. Provision of Deferred Payment of duties - delinking duty payment and Customs clearance

v. Mutual Recognition Agreements with other Customs Administrations

vi. Faster disbursal of drawback amount

vii. Fast tracking of refunds and adjudications

viii. Extension of facilitation to exports in addition to imports

ix. Self-certified copies of FTA / PTA origin related or any other certificates required for clearance would be accepted

x. Request based on-site inspection /examination

xi. Paperless declarations with no supporting documents

xii. Recognition by Partner Government Agencies and other Stakeholders as part of this programme

CBEC Circular No. 33/2016-CUSTOMS., Dated July 22, 2016