Press Release on Liberalised AEO Package under Customs for MSMEs

Ministry of Finance has through a recent Press Release released a “Liberalised MSME AEO Package” scheme for Micro Small and Medium Enterprises (MSMEs). The package is likely to benefit the MSME sector which is significantly impacted due to the COVID-19 pandemic. Further, the relaxations provided may increase coverage of MSMEs under AEO scheme and facilitate ease of doing business. The success of the liberalised scheme may however depend on its effective implementation and execution. Please refer to the press release here. For further details please reach us here