Authorized Economic Operator Archives

FBR proposes penalty for late payment by Authorized Economic Operators

February 28, 2021February 28, 2021Mrs. Anjum Shahnawaz

KARACHI: Federal Board of Revenue (FBR) has proposed penalty for defaulting in payment for customs clearance by Authorized Economic Operators (AEOs). The FBR issued SRO 263(I)/2021 dated February 23, 2021 and proposed amendment to Customs Rules, 2002 related to authorized economic operators. According to the law, the authorized economic operator (AEO) is a certified entity […]

Customs launches pilot project of authorized economic operator

November 6, 2020February 6, 2024Mrs. Anjum Shahnawaz

KARACHI: Pakistan Customs has launched a pilot project of Authorized Economic Operator (AEO) to facilitate trade and industry, a statement said on Friday.

FBR issues criteria for granting Authorized Economic Operator status

November 1, 2020November 1, 2020Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has issued eligibility conditions and criteria for grant of Authorized Economic Operator (AEO) status. The FBR issued SRO 1114(I)/2020 to notify rules related to Authorized Economic Operators. The economic operator means any entity like a legal person, undertaking or establishment which in the course of business is involved in […]

FBR notifies rules to launch authorized economic operator program

September 1, 2020September 1, 2020Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has notified rules to launch Authorized Economic Operator (AEO) program to improve trade and business environment in the country. The AEO was launched by inserting Section 212A was inserted in the Customs Act, 1969 through the Finance Act, 2018. The FBR now issued AEO rules vide SRO 798 (I) […]

Customs launches ‘authorized economic operators’ program for business entities

November 23, 2019March 19, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan Customs has launched Authorized Economic Operators (AEO) program for business entities in order to provide maximum facilitation the trade and industry. A statement on Friday said that the federal government has launched first trade facilitation program of its kind under the name and banner of AEO. The program has been chalked out in […]

Business community demands Pakistan Customs to launch Authorized Economic Operator certification

October 16, 2019March 21, 2021Mrs. Anjum Shahnawaz

KARACHI: The business community has demanded Pakistan Customs of launching Authorized Economic Operators (AEO) certification program, which will enable business and industrial units to become trustworthy member of international supply chain. In view of its significance and importance, it is imperative that Pakistan Customs, being member of the World Customs Organizations, should immediately launch the […]

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