Deferred payment of import duty allowed to certain Improter

By | November 3, 2016
(Last Updated On: November 3, 2016)

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 135/2016-Customs (N.T.)

New Delhi, dated the 2nd November, 2016

G.S.R. (E)––In exercise of the powers conferred by proviso to sub-section (1) of section 47 of the Customs Act, 1962 (52 of 1962), the Central Government permits the following class of importers to make deferred payment of import duty:

(i) Importers certified under Authorized Economic Operator programme as AEO (Tier-Two) and AEO (Tier-Three)

Explanation.- For the purpose of this notification, AEO means Authorized Economic Operator certified by the Directorate General of Performance Management under the Central Board of Excise and Customs.

[F. No. 450/81/2016-Cus.IV]

(Shaifali G. Singh)

Under Secretary to the Govt. of India

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