Embark on a hassle-free trade journey with CCC, your trusted customs consultant. We excel in navigating schemes like the Authorized Economic Operator (AEO) and Manufacturing & Other Operations in Warehouse (MOOWR) to propel your business forward.
Unveil the advantages of the MOOWR scheme with our expert guidance. As your MOOWR scheme consultants, we help defer customs duty on imported materials for your manufacturing unit, streamlining your production costs until your goods hit the market.
We simplify your foray into international trade via the AEO program. Experience perks like deferred duty payments and swift refunds, ensuring your import and export operations glide smoothly.
Trust us to demystify related party transactions with precise valuation services through the Special Valuation Branch (SVB). CCC is here to make your customs and trade ventures seamless and compliant.
Customs Consultancy Services
The MOOWR scheme is a scheme that allows deferred payment of customs duty on import of raw materials and capital goods for manufacturing activity and other operations in a bonded manufacturing facility. The basic customs duty is deferred till the clearance of finished goods for domestic consumption, and it is completely waived off if the finished goods are exported.
What is meant by the MOORW Scheme?
AEO is a voluntary programme for any business entity engaged in international trade enabling them to participate in global trade in compliance with supply chain standards as mandated by the World
Customs Organization (WCO). It is a three-tier programme for importers and exporters viz. AEO-T1, AEO-T2 and AEO-T3.
What is meant by AEO?
The AEO certificate is an important document that enables business entities to reap the benefits of the AEO scheme such as: (a) Deferred duty payment; (b) Direct port deliveries for import and export; (c) Fast tracking of refunds and drawbacks; (d) Fast tracking of adjudications; (e) Reduction / waiver of bank guarantee.
In India, the AEO (Authorized Economic Operator) certificate is issued by the Central Board of Indirect Taxes and Customs (CBIC), which is a part of the Ministry of Finance, Government of India.
Why is AEO certificate required and who issues the AEO certificate?
Anyone involved in the international supply chain that undertakes customs related activity in India can apply for AEO status irrespective of the size of the business. These may include exporters, importers, logistic providers, custom house agents, warehouse owners, authorized couriers, port operators etc.
Who is eligible for the AEO certificate?
SVB is a unit of Indian Customs Department which determines the valuation of Import transactions between the related parties. In cases where the Indian entity imports goods from its related companies located outside India, the Indian importer has to undergo an additional procedure
commonly called as the SVB process. The said examination by the Customs authorities is required to verify whether the goods supplied by the supplier from outside India to its related importer have been invoiced at ”arm’s length price” or they have been “undervalued” for the purpose of reducing customs duty liability.
What is Special Valuation Branch (SVB) and what is the SVB process?
The Project Import Scheme is a scheme to simplify the assessment of the import of capital goods and all the related items required for setting up a project by the levy of a flat duty rate.
The scheme allows import of machinery and related items required for the initial setting up/expansion of a project unit on a concessional rate of customs duty.
The goods imported under the scheme are placed under a single tariff in the Customs Tariff Act,1975 which facilitates smooth and quick assessment of the imported goods and ensures faster clearances of goods.
What is meant by the Project Import Scheme?
Key Services Provided By CCC
Approval for setting up of Manufacturing Unit under MOOWR Scheme
Allowing for deferred payment on customs duty for raw material, capital goods, and other manufacturing operations
Securing certifications under the Authorized Economic Operator (AEO) Programme
Enabling business entities engaged in international trade to enjoy various customs and duty benefits.
Customs valuation by Special Valuation Branch (SVB)
Assistance in valuation of goods imported from the related overseas entity by the SVB.
Approval under Project Import Scheme
To import machinery and other related items required for the initial setting up/expansion of a project unit on concessional rate of customs duty.
Reach out to us.
Contact us today to learn more about what we can offer.
Reach out to us.
Contact us today to learn more about what we can offer.