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Jyoti Apparels gets AEO certificate

Jyoti Apparels has been awarded AEO Certificate by S Ramesh, Member (Admn.), CBIC. In view of growing concern among customs administrations about the threat posed through misuse of channels of import and export, there is a need to ensure security in global supply chain in international movement of goods. A business authorized by the customs as an AEO can enjoy benefit flowing from being a more compliant and secure company as well as favorable consideration in any customs proceedings coupled with better relations with Customs. AEO status will also ensure a low risk score is incorporated into customs ‘Risk Management System’ (RMS) and used to determine the frequency of Customs physical and documentary checks. The benefits may also include simplified Customs procedure, declarations, etc. besides faster Customs clearance of consignments of/for AEO status holders.

Jyoti Apparels says, “AEO is a very user friendly scheme providing several monetary and non-monetary benefits to importers and exporters. However, it has been seen that the entities are not showing full interest and not coming forward for the same. The custom department approach is very positive towards AEO program. In our opinion, more and more organizations should go for the affiliation of AEO program”

 

 
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