Deferred Payment of Import Duty Rules, 2016

Dated 2nd November, 2016 | Copy of | Notification No.135/2016-Customs |

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.

Sd/-
(Shaifali G. Singh)
Under Secretary to the Govt. of India

F.No.450/81/2016-Cus.IV
Issued by:
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
New Delhi