CBIC gives trusted importers greater flexibility in customs clearance
Subscribe to enjoy similar stories. The Central Board of Indirect Taxes and Customs (CBIC) has introduced a new facility for accredited merchants to move, store, and clear imported goods at their authorized premises instead of at ports. The move seeks to reduce congestion at ports and give greater flexibility to importers who are authorised economic operators (AEOs).
The regulations notified on Monday take forward the government’s promise of ‘trust first, scrutinise later’ policy. This facility is available for those in the upper tiers of the AEO scheme—a voluntary programme that makes trade hassle-free for importers, exporters and logistics players. The privileges AEOs get vary as per the tier of their accreditation and include quicker clearance of shipments at ports, lower inspection rate, quicker tax refunds, facility for deferred duty payment and acceptance of self-declaration of origin of goods.
It also facilitates supply chain security while facilitating trade. The norms notified on Monday by CBIC called Customs (on-arrival movement for storage and clearance at authorised importer premises) Regulations, 2025 allow importers to move consignments on their arrival to their authorised custom bonded warehouses, before customs clearance. This reduces paperwork for merchants with tier two and tier three AEO accreditation and enables faster goods clearance while reducing congestion at ports.
Their private storage facility is treated like an extension of the port, making trade easier for large importers and manufacturers. The notification said that the Customs automated system will grant permission for the storage of goods at the authorised premises upon their arrival and completion of certain procedures. This facility,
. Read more on livemint.com
