CBIC's AEO Programme Strengthens Trade Facilitation, Holds Promise For MSMEs
New Delhi, July 10 -- India's Authorised Economic Operator (AEO) Programme, administered by the Central Board of Indirect Taxes and Customs (CBIC), has emerged as a key trade facilitation initiative that can strengthen both the country's export ecosystem and domestic manufacturing, particularly for Micro, Small and Medium Enterprises (MSMEs).
AEO Programme Enhances Trade Facilitation
Based on the World Customs Organization's SAFE Framework, the AEO programme recognises businesses with strong customs compliance, financial stability and secure supply chains.
Certified entities receive benefits such as faster customs clearance, fewer inspections, simplified documentation and reciprocal trade facilitation under Mutual Recognition Arrangeme...
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