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## What is deferred duty payment under customs?
Deferred duty scheme allow payment of customs duty post clearance of goods which obviate the need of payment of duty at the time of clearance of the goods,importers certified under Authorized Economic Operator programme as AEO (Tier-Two) and AEO (Tier-Three) are entitled for payment of duty under deferred payment scheme, means option of deferred payment is extended only to AEO-T2 and AEO-T3 certificate holder.
## Intimation for availment of option of deferred payment scheme
An eligible importer shall intimate intention to avail the benefit of deferred payment to the AEO Programme Manager (Director General of export performance) with a copy to the Commissioner(s) of Customs having jurisdiction over the port(s) of clearance.
## Due date for payment under deferred payment scheme (Rule-5 of Deferred Payment of Import Duty Rules, 2016 as amended vide Notification No. 28/2017-Customs (N.T.) dated 31st March, 2017.
| Date of bill of entry |
Duty shall be paid |
| 1st day to 15th day of any month. |
By the 16th day of that month; |
| 16th day till the last day of any month except march |
By the 1st day of the following month. |
| 16th day till the 31st day of March |
By the 31st March. |
## How to file Bill of entry for availing the benefits of deferred Payment
The eligible importer who intends to make deferred payment shall indicate the same using flag "D" in the Payment Method column of Bill of Entry filed.
## Who is entitled for AEO CERTIFICATION?
Anyone involved in the international supply chain that undertakes Customs related activity in India can apply for AEO status irrespective of size of the business. These may include exporters, importers, logistic providers (e.g. carriers, airlines, freight forwarders, etc.), Custodians or Terminal Operators, Customs House Agents and Warehouse Owners. Others who may qualify include port operators, authorized couriers, stevedores. The list is not exhaustive.
Small and medium scale enterprises who has filed 25 documents i.e. either Bills of Entry or Shipping Bills during the last financial year is also entitled for AEO.
What is AEO (Authorized Economic Operator
Under AEO progrmme three certification (AEO-T1, AEO-T2,AEO- T3) for importer and exporter and one other certificate namely (AEO-LO certificate) will be issued for other than importer and exporter such as Logistics Providers, Custodians or Terminal Operators, Customs Brokers and Warehouse Operators.
## AEO is applicable to OLD Company or new company
The applicant should have business activities for at least three financial years preceding the date of application.
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