Authorized Economic Operator (AEO) programme for implementation

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..... -Cus.IV (Pt), which deals with the Scheme of Authorised Economic Operator (AEO) Programme and revised guidelines thereon . 2. The trade and all concerned are hereby informed that the Cent-al Board of Excise Customs, New Delhi vide Circular No. 28/2012-Customs Dated 16-11-2012 has issued revised AEO programme. The Board has approved the following major changes in the AEO Programme. (i) Inclusion of stringent requirements in regard to Business partner security, procedural security, etc. (ii) Inclusion of authorised couriers and custodians in the AEO Programme. (iii) Automatic disqualification on non-furnishing of the information by the applicant. (iv) Non-requirement of .....

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..... o. 6/2002- Customs dated 23.01.2002 which stands modified for AEO exporters to the extent indicated in the table below. Export under Drawback by AEO exporters: Sl.No. Category of Exports Scale of Examination Export consignments shipped to sensitive places viz. Dubai, Sharjah, Singapore, Hong Kong and Colombo Others (i) Consignments where the amount involved is ₹ 5 lakh or less 10% 2% (ii) Consignme .....

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..... (a) AEO Custodians shall be given benefits of waiver.of bank Guarantee required under Handling of Cargo in Customs Area Regulations 2009. (b) AEO Custodians shall also be given the facility of extension of approval under regulation the Handling of cargo in Customs Area Regulation 2009 for longer period of ten years at a time. E. For Customs House Agents: (a) AEO Customs House Agents shall, under Regulation 11 of Customs House Agents Licensing Regulations (CHALR) 2004 be given benefit of extended validity period of licenses granted under regulation 9 till the time they hold valid AEO authorizations. (b) Fee for renewal of a licence under sub regulation (2) of regulation 11 of CHALR, 2 .....

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