Monday, October 28, 2019

AEO Benefit



The scope of the benefits to the AEOs based on their categories would be as mentioned below:

AEO Benefit - for AEO-T1, AEO-T2, AEO-T3

Advantages for
AEO - T1
AEO - T2
AEO - T3
Level of Facilitation on  their consignments
High
Higher than
AEO-T1
Higher than AEO-T2
(Only  Risk based interventions)
Trade Facilitation
No
Mutual Recognition Agreement (MRA)
Seal Verification / Scrutiny of documents  and consignments
DPE/DPD depends on No. of Containers
Out of Charge (OOC) or Let Export Order (LEO) may be given without any scrutiny by officers
Self - sealing on export
No
Allowed, No need  of permission on case to case
Scanning Container
Scanning as per order
Scanned on priority
Exempted on Scanning2
Access through ICEGATE for  BEs/SBs
Separately
Consolidated import/export data
Declarations &  Supporting documents
Physical Form
Paperless
Process of Assessment and/or Examination of BEs/SBs

On priority basis
On Self-certified copies of documents; (No Original Req.)
Application for an Advance Authorisation
On self declaration and self ratification basis; where  SION has been notified for used as additional inputs in the manufacturing process on export product
ID Card
Hassle Free Entry to Custom Houses, CFSs , ICDs
Space allocation at Custodian’s
Separate
MRP stickers pasting Facility
No
Available at their premises
Deferred payment of Duty
No
Yes, from a notified date 
Drawback disbursal
As per order
within 72 hours of EGM submission
Time of Refund/Rebate of Duty  and Tax after documents submission
As per order
within 45 days
within 30 days
Quantum of the Bank Guarantee1
50%
25%
Exempted from B.G.
MOT charges
Nil
Clearance Facility
24 x 7 (on request)
Tax Investigations 
Within 6 - 9 months
Dispute Resolution at Adjudication Level
Within 6 months
SVB Proceedings
As per order
Time bound disposal
Onsite PCA
Once in 2 years
Once in 3 years
On request only
Client Relationship Manager”(CRM) Support
No
Yes (DC/AC Level)
Note:
  1. Exemption from B.G. Would not be applicable in cases of provisional release of seized goods.
  2. No Scanning except on the basis of specific intelligence (top most priority will be given)


AEO Benefit - Logistic Service Providers


  • Waiver of bank Guarantee in case of trans-shipment of goods under Goods imported (Condition of Trans-shipment) Regulations, 1995.
  • Facility of Execution of running bond.
  • Exemption from permission on case to case basis in case of transit of goods. 
  • In case of international transshipped cargo (Foreign to Foreign), for the pre-sorted containers wherein Cargo does not require segregation, ramp to ramp or tail to tail transfer of cargo can be effected without Customs escorts.


AEO Benefit - Custodians or Terminal Operators


  • Waiver of bank Guarantee under Handling of cargo in Customs Area Regulations 2009.
  • Extension of approval for custodians under regulation 10(2) of the 'Handling of cargo in Customs Area Regulation 2009 'for period of 10 years.


AEO Benefit - Customs Brokers


  • Waiver of Bank Guarantee to be furnished under regulation 8 of the CBLR, 2013.
  • Extended validity (till validity of AEO status) of licenses granted under regulation 9 of the CBLR, 2013.  System Manager to incorporate date of validity of AEO from time to time in the System Directory
  • Waiver from fee for renewal of license under sub regulation (2) of regulation 11 of CBLR,2013.


AEO Benefit - Warehouse Operators


  • Faster approval for new warehouses within 7 days of submission of complete documents
  • Waiver of antecedent verification envisaged for grant of license for warehouse under circular 26/2016
  • Waiver of solvency certificate requirement under circular 24/2016
  • Waiver of security for obtaining extension in warehousing period under circular 21/2016
  • Waiver of security required for warehousing of sensitive goods under circular 21/2016



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