Chinubhai Kalidass & Bros. receives Authorised Economic Operator-LO Certificate from CBEC

Posted by Daily Shipping Times on 07-06-2017        Tweet

MUMBAI : Chinubhai Kalidass & Bros., well known as CKB, among the Logistics business fraternity has added yet another feather in its cap by receiving an Authorised Economic Operator-LO Certificate (Customs Broker & Freight Forwarder) from the Central Board of Excise and Customs – Ministry of Finance – GOI.

CKB is counted amongst the few truly Multinational, Multi-surface Logistics service providers from India.

In fact, what started out as an entrepreneurial endeavor by two of its visionary founders, Late Shri Chinubhai Kalidass Sheth and Late Shri Surendrabhai Kalidass Sheth on 6th Feb 1917 in Mumbai, last year, celebrated a historic milestone of 100 years of Trust, Growth and Relationships with export-import community.

With such an impeccable lineage and strong credentials, today CKB is managed by the third generation of the SHETH family and is professionally managed by its Directors - Shri Anand Sheth, Shri Darshan Sheth, Shri Ashish Sheth & Shri Apurva Sheth.

Comprising of the Flagship Company – CKB and a clutch of individual companies with diverse business interests in the logistics sector, the solutions portfolio at CKB offers comprehensive Freight Forwarding, Custom House Agency Services, Sea Freight, Air Freight, Road Transportation, Freight Consolidation, Agency Representation, Warehousing, Liquid Logistics Solutions, 3PL/4PL Logistics, Project / ODC Cargo Management and a host of other support services.

Today, CKB has built up a strong relationship network of partners and agents at more than 785 cities in 189 Countries across the World and serves over 1500+ active customers who comprise of the who’s who of Indian businesses and also Fortune 500 Companies belonging to diverse industries.

Now with a solid 100 years of experience to back it, CKB is looking forward to reaffirm its motto “YOU ARE SAFE IN OUR HANDS”.

AUTHORIZED ECONOMIC OPERATOR (AEO) PROGRAMME

With a view to secure the International supply chain, the World Customs Organization had in June 2005 adopted the SAFE Framework of Standards to secure and facilitate global trade. Since then, this unique international instrument has ushered in modern supply chain security standards with the help of a closer partnership between Customs and business in the form of Authorized Economic Operator (AEO) programme, which constitutes one of the three pillars on which SAFE Framework rests.

The AEO programme seeks to provide tangible benefits in the form of faster Customs clearances and simplified Customs procedures to those business entities who offer a high degree of security guarantees in respect of their role in the supply chain. The SAFE Framework sets forth the criteria by which businesses in the supply chain can obtain authorized status as a secure partner.

Over the years, AEO has become a flagship programme for WCO Members as it offers an opportunity for Customs to share its responsibilities with the businesses, while at the same time rewarding them with a number of additional benefits.