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Executive summary - EY

28 July 2016. EY Tax Alert CBEC issues Revised Guidelines regarding Authorised Economic Operator Programme under Customs Executive summary In June 2016, Central Board of Excise and Customs (CBEC) had released a draft Circular relating to Customs facilitation scheme in the public domain Tax Alerts cover for comments. significant tax news, developments and This Tax Alert summarizes the revised guidelines now issued by CBEC vide changes in legislation the Final Circular1 which merges two facilitation schemes, viz. Accredited that affect Indian Client Programme (ACP) and Authorised Economic Operator Programme businesses. They act (AEO), into a combined three-tier AEO programme. as technical summaries to keep you on top of For the economic operators other than the importers / exporters, the new the latest tax issues. Programme offers one tier of certification (AEO-LO) whereas for importers /.

Executive summary In June 2016, Central Board of Excise and Customs (CBEC) had released a Draft Circular relating to Customs facilitation scheme in the public domain

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