AEO certification in India is part of World Customs Organization (WCO)’s SAFE Framework of Standards to Secure and Facilitate Global Trade. The Indian AEO Programme is implemented vide CBIC. The programs aim is to enhance international supply chain security and facilitate movement of legitimate goods. It enables Indian Customs to enhance and streamline cargo security through close cooperation with the principal stakeholders of the international supply chain viz. importers, exporters, logistics providers, custodians or terminal operators, custom brokers and warehouse operators.
Entities that meet pre-determined compliance standards of the AEO Programme are certified as an AEO entity. An entity with an AEO status can, therefore, be considered a ‘secure’ trader and a reliable trading partner.
These AEO Programme certified companies enjoy many AEO Certification benefits by way of AEO certification in Customs. What is AEO in customs is essentially facilitation such as deferred payment of duty, reduced examination and priority treatment, 24X7 clearances, delivery of goods directly from wharf to warehouse, minimal intervention for compliant trade, reduction or waiver in Bank Guarantees, and higher facilitation than Accredited Client Programme, among other AEO Certification Benefits.
There are four tiers of AEO certification, AEO -T1, AEO-T2 , AEO-T3 and AEO LO under the Indian AEO programme each with its own level of AEO certification benefits. AEO T1, T2, T3 for the importer and exporter, and AEO LO for logistic providers.
- Direct Port delivery for Importer for AEOs.
- High level of facilitation available.
- Self-Declaration of SION under para 4.07A of FTP
- Direct Port Entry for factory Stuffed Containers for exporters by AEO’s
- Deferred payment of duties – delinking duty payment and customs clearance for AEO’s T2 and T3
- Mutual Recognition Agreement for AEO T2 to AEO T3
- Fast-tracking of adjudications and refunds including IGST Refunds and Drawback.
- Priority in process of clearance of goods.
- Reduced examination & priority treatments.
- 24/7 clearances on request at all sea ports and airports
- High level of facilitation available.
- ID cards to authorized personnel for hassle free entry to Custom Houses, CFSs and ICDs.
- Reduction on Bank Guarantee
- Investigations, if any, would be completed, in six to nine months.
- E-mail Notifications regarding arrival/ departure of the vessel carrying their consignments.
- Shorter cargo release time.
- Seal verification/scrutiny of documents by Custom officers would be waived
There is a legal process to acquire these benefits for your organisation. We at Universal Channels have helped serveral clients of ours to take advantage of this scheme. To know more contact us using the button below.
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Write to us at contactus@universalchannels.in | Call us on +91-9422312957
