Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Sars lauds uptake of AEO

04 Mar 2024 - by -
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

The South African RevenueService (Sars) has reported a notable uptick in applications for Authorised Economic Operator (AEO) status since the process went online in December.A spokesperson for Sars told Freight News that the online process had enabled a streamlined solution, assisting prospective applicants to submit electronic applications for AEO accreditation.“At the end of December, uptake of AEO accreditation by traders was 35% higher than in the previous year. We foresee even greater numbers of traders joining the programme in 2024,” said the spokesperson. “Our figures indicate a 99% reduction of customs interventions for South African AEO traders, which has facilitated simpler trade operations significantly. “The outcome of this transformative process is a more agile and responsive trade facilitation system that not only prioritises efficiency but also enhances the overall experience for applicants seeking AEO status.”Sars has been streamlining processes for a number of years, introducing technological solutions to improve efficiency.“Digitising the process of AEO accreditation is in line with our strategy to modernise our systems, so they provide more digital and streamlined online services to enable traders to meet their obligations simply, easily and anywhere,” said the spokesperson.The ultimate goal of the revenue service is to eliminate manual-intensive tasks, allowing for improved efficiency, accuracy and enhanced end-to-end management processes.“The imperative to digitise and streamline our processes arises from the realisation that traditional, manual methods of assessing risk and evaluating AEO applications are inherently time-consuming, prone to errors, and often result in delays that hinder the seamless f low of trade,” said the spokesperson.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

March 2024 Compendium

View PDF
PPPs the logical way forward
04 Mar 2024
Oversupply and low prices of cobalt expected to persist
04 Mar 2024
Major players heed Zambia’s investment call
04 Mar 2024
Namibia to develop new infrastructure to bolster oil and gas sector
04 Mar 2024
Hamstrung industry sounds the alarm
04 Mar 2024
Offering container rentals at affordable rates
04 Mar 2024
Oversupply will push down freight rates
04 Mar 2024
Celebrating ICD and its successes
04 Mar 2024
Sars forges ahead with eFiling, AEO systems
04 Mar 2024
AI needs humans to make it work
04 Mar 2024
There’s a dire need for experienced agents
04 Mar 2024
Sars lauds uptake of AEO
04 Mar 2024
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

Transport Clerk (DBN)

Tiger Recruitment
Durban (New Germany)
09 May

Operations’ Coordinator

Brinks Security PTY LTD
Johannesburg
09 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us