Inception date: 18 Jul 2012 | Removal date: open ended
Import-related non-tariff measure, nes
On 18 July 2012, the Government of India launched two facilities:
- The Authorized Economic Operator (AEO), a certification programme where traders who conform with security standards and comply with tax laws will be given preferential treatment inlcuding faster clearance, less physical inspections and other benefits.
- Also, an Interactive Customs Tariff application that improves access to information with regards to duty payments, regulatory requirements, applicable exemptions, anti-dumping duties etc. for traders of goods. This is expected to increase the transparency in the transactions.