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Aug 22, 2016
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‘Revised trade facilitation measure to ensure speedy clearance at ports’
The Central Board of Excise and Customs (CBEC) has recently revised the Authorised Economic Operator (AEO) programme to make it more lucrative for trade in speedy clearance of cargo from ports, and reduce time and cost in cross border trade, said BK Bansal, Member (Customs), CBEC. Customs is moving away from a regime of control to facilitation and partnership. The revised AEO was launched with this in mind, he said.
Source -
http://www.thehindubusinessline.com
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