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Extension of ACP Programme to Export House/ Trading Houses

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..... PUBLIC NOTICE NO. 94/2010 Sub : Extension of ACP Programme to Export House/ Trading Houses Reg. Kind attention is invited to Boards Circular No. 42/2005-Cus dated 24.11.2005 introducing Accredited Programme (ACP) to grant assured facilitation to importers who have demonstrated willingness to comply with Customs laws. 2. Representations have been re .....

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..... s an eligible category for grant of ACP. Accordingly, the Para 7(i) of the Circular No.42/2005-Cus dated 24.11.2005 will read as follows: 7(i) They should have imported goods valued at Rs. Ten Crores (assessable value) in the previous financial year; or paid more than Rs. One Crore of Customs duty in the previous financial year; or , in the case of importers who are also Central Excis .....

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..... ategory of status holders granted under the FTP 6. The Board has also considered the suggestions of the trade and industry to redefine the criteria of cases/ of infringements relating to Customs, Central Excise and Service Tax for grant of ACP status. Accordingly, it has been decided to amend the Para 7(iii) of the Circular No.42/2005-Cus dated 24.11.2005 to specify the f .....

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..... at availing CENVAT credit, rebate, refund, drawback, benefits under export promotion/reward schemes. (d) Cases wherein Customs/Excise duties and Service Tax has been collected but not deposited with the exchequer. (e) Cases of non-registration with the Department with intent to evade payment of duty/tax. 7. The Chief Commissioners of Customs/Cen .....

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