Our Key Clientele
Authorised Economic Operator (AEO)
- Enhancing Trade Facilitation and Security
Welcome to Eximserve Reckoners Pvt. Ltd., your trusted partner in navigating the realm of international trade. We understand the challenges and complexities faced by businesses in ensuring efficient supply chain management, trade facilitation, and customs compliance. That’s why we offer comprehensive services to assist you in obtaining and maintaining the Authorised Economic Operator (AEO) status, a globally recognized certification that signifies your commitment to secure and compliant trade practices.
What is Authorised Economic Operator (AEO) Status?
AEO is a prestigious certification granted by customs administrations to businesses involved in international trade. It serves as evidence that the holder meets stringent security, compliance, and operational standards, and is a trusted and reliable partner in the global supply chain.
AEO Tiers
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AEO T1 certification focuses on customs simplifications, streamlining customs procedures, and reducing administrative burdens for businesses. The benefits of AEO T1 status include:
- Faster Customs Processing: AEO T1-certified businesses enjoy expedited customs processing, resulting in reduced clearance times and faster movement of goods across borders.
- Reduced Physical and Document Inspections: With AEO T1 status, customs authorities conduct fewer physical and document inspections on your shipments, minimizing delays and disruptions.
- Priority Treatment: AEO T1-certified businesses receive priority treatment in customs processes, ensuring their shipments are processed promptly and efficiently.
- Mutual Recognition: AEO T1 certification is recognized by customs administrations worldwide, allowing for mutual recognition agreements that provide additional benefits in partner countries.
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AEO T2 certification focuses on enhancing safety and security measures within the supply chain. In addition to the benefits of AEO T1, AEO T2 status provides:
- Enhanced Security Measures: AEO T2-certified businesses implement robust security measures throughout their supply chain, safeguarding cargo, facilities, and information from security threats.
- Reduced Risk Profiles: AEO T2 status allows for reduced risk assessment scores, resulting in fewer security-related interventions and inspections by customs authorities.
- Trusted Partner Status: AEO T2 certification establishes your business as a trusted and reliable partner in terms of security and compliance, enhancing your reputation in the industry.
AEO T3 certification combines the benefits of both AEO T1 and AEO T2, offering comprehensive customs simplifications and security measures. AEO T3 status includes all the benefits of AEO T1 and AEO T2, with additional advantages such as:
- Maximum Customs Facilitation: AEO T3-certified businesses enjoy the highest level of customs facilitation, benefiting from simplified procedures, reduced inspections, and priority treatment.
- Trusted Economic Operator: AEO T3 status signifies your business as a trusted economic operator, meeting the highest security, compliance, and operational standards set by customs authorities.
- Global Recognition: AEO T3 certification is globally recognized, facilitating trade across borders and enabling reciprocal benefits in partner countries.
Benefits of AEO:
| Benefits | AEO-T1 | AEO-T2 | AEO-T3 |
|---|---|---|---|
| Shorter cargo release time | Yes | Yes | Yes |
| Direct Port Delivery (DPD) / or Direct Port Entry (DPE | Yes | Yes | Yes |
| ID to authorized personnel | Yes | Yes | Yes |
| Separate space earmarked in Custodian’s premises. | Yes | Yes | Yes |
| Bank Guarantee only to extent | 25% | 10% | 0.00% |
| Investigations | in six to nine months | Six month | Six month |
| Dispute resolution | within six months. | six | six |
| e-mail regarding arrival/ departure of the vessel | Yes | Yes | Yes |
| 24/7 clearances on request at all sea ports and airports | Yes | Yes | Yes |
| No Merchant Overtime Fee (MOT) charges need to be paid | Yes | Yes | Yes |
| Waiver of seal verification/scrutiny of documents . | No | Yes | Yes |
| out of charge/let export order without any scrutiny by the officers | No | Yes | Yes |
| Front line of treatment for container scanning. | No | Yes | No selection for scanning |
| Facility of deferred payment of duty | No | Yes | Yes |
| Disbursal of drawback amount | within 72 hours of EGM submission | faster | |
| Assessment and/or Examination on priority | Yes | Yes | Yes |
| Faster completion of Special Valuation Branch ('SVB') proceedings | No | Yes, in time bound manner | Yes |
| Facility to paste MRP stickers in their premises | No | Yes | Yes |
| Post clearance audit | Yes, onsite PCA will be conducted once in three years only, no regular PCA. | On Intelligence information | |
| Access to their consolidated import/export data through ICEGATE | No | Yes | Yes |
| Facility of submitting paperless declarations with no supporting documents in physical form | No | Yes | Yes |
| Client Relationship Manager”(CRM) at AC/DC level at all port | No | Yes | Yes |
Timelines for AEO Certification
The timeline for obtaining AEO certification may vary depending on various factors such as the complexity of your operations, the readiness of your security measures, and the specific requirements of customs authorities. Generally, the AEO certification process involves the following steps
The application preparation phase involves gathering the necessary documentation, policies, and procedures required for AEO certification. This process can take a few weeks to complete, depending on the readiness of your organization.
Customs authorities conduct audits and assessments to evaluate your compliance with AEO requirements. The duration of the audit may vary based on the size and complexity of your operations.
If any gaps or deficiencies are identified during the audit, you’ll need to address them and implement necessary corrective actions. This process can take several weeks to ensure full compliance with AEO standards.
Once you meet all the AEO criteria and successfully complete the audit, customs authorities will issue your AEO certification. The time taken to issue the certification can range from a few weeks to a few months.
Our AEO Services
We offer comprehensive services to support you throughout the AEO certification process. Our expert team provides guidance, assistance, and strategic insights to help you obtain and maintain AEO status. From eligibility assessment and application preparation to audit support and ongoing maintenance, we ensure a smooth and successful journey towards AEO certification.
Elevate Your International Trade with AEO Certification
Unlock the benefits of AEO status and elevate your international trade operations to new heights. Contact us today to learn more about our AEO services and how we can assist you in securing AEO certification.