AEO Profile
| Program Status: | Operational AEO Programme | Program Title: | Authorized Economic Operator (AEO) Programme |
| Scope: | Imports and Exports/CHA/Freight Forwarders/ Custodians or Terminal Operators/ Warehouse Operators | Types of Operator: | Importer, Exporter, Freight Forwarders, Warehouse Operator, Custodian/ Terminal Operator |
| AEO List Published? | Yes |
AEO Benefits
| Depending upon the category of the AEO, benefits are as follows; o Higher facilitation level; o Facility of direct port delivery of direct port entry of the import and export containers; o Furnishing of reduced bank guarantee; o Expedited investigations and dispute resolution on matters relating to Customs, Central Excise and Service Tax; o Facility of Deferred Payment of Custom duty; o Benefits of Mutual Recognition Agreements with other Customs o Administrations for AEO T2 and AEO T3; o Appointment of Client Relationship Manager (CRM) as a single point of contact; o Facility of submitting paperless declarations with no supporting document in a physical form |
Mutual Recognition Agreements:
| Hong Kong, South Korea |
Certifying Authorities:
No certification authority
Operational Customs Compliance Programme
| Title: | Accredited Client Programme (ACP) | Scope: | Grant assured facilitation to importers who have demonstrate d capacity and willingness to comply with the laws |
| Types of Operator: | Importers | Programme Status: | Operational Customs Compliance Programme |
OCC Benefits
| o The objective of the programme is to grant assured facilitation to importers. o Bills of Entry filed by ACP clients are processed in the EDI system and a larger number of consignments are allowed clearance based on the importer’s self assessment without examination, after checking the marks and numbers on the packages or in the case of Full Container Load (FCL Cargo), the container numbers and seals. o Onsite Post Clearance Audit facility has been made available to ACP clients. o Thus, an ACP client can benefit from reduced clearance time and can deal with the goods promptly with reduced transaction cost, saving on insurance, warehouse and storage charges. |
Source: World Customs Organization: Compendium of Authorized Economic Operator Programmmes 2018 edition.