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TMI BlogBackgroundX X X X Extracts X X X X X X X X Extracts X X X X ..... ed as trade facilitation programmes, based on the Revised Kyoto Convention's "Authorised Persons" provisions. In India this programme was known as Accredited Client Programme (ACP). (Notification no. 42/2005-Cus Dated 24.11.2005) which provided facilitation to clients subject to their fulfillment of the prescribed eligibility criteria. As of March 2015, 168 out of 180 WCO members have signed lette ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dministered by the Central Board of Indirect Taxes and Customs. 1.2 The objective of the revised AEO programme shall continue to remain same as earlier, that is, to provide businesses with an internationally recognized quality mark which will indicate their secure role in the international supply chain and that their customs procedures are efficient and compliant. An entity with an AEO status can ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an AEO Programme that encompasses various players in the international supply chain such as importers, exporters, warehouse owners, Custom House Agents, freight forwarders and custodians / terminal operators. 1.4 As aforestated, the AEO Programme seeks to secure the global supply chain in partnership with business entities that are fully legally compliant and provide with the Customs the confiden ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d business in the form of Authorized Economic Operator (AEO) programme, which constitutes one of the three pillars on which SAFE Framework sets. The AEO programme seeks to provide tangible benefits in the form of faster Customs clearances and simplified Customs procedures to those business entities who offer a high degree of security guarantees in respect of their role in the supply chain. The SAF ..... X X X X Extracts X X X X X X X X Extracts X X X X
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