Airports Authority of India

Mission :  ''To achieve highest standards of safety and quality in air traffic services and airport management by providing state-of-the-art infrastructure for total customer satisfaction, contributing to economic growth and prosperity of the nation.''                                                                                                                                                                                                                                                                                                                 Vision :  ''To be a world-class organization providing leadership in air traffic services and airport management & making India a major hub in Asia Pacific region by 2016''.
Air Cargo Complex,Chennai Airport,Chennai
Pre Deposit Account Policy
Overview Salient Features Monthwise Cargo Handled 
Yearly Tonnage Handled Working Hours Perishable Cargo 
Clearance Procedure Facilities Pre Deposit Account Policy 
 
 
  1. AAI maintains Pre-Deposit Accounts (PDA) to facilitate the trade/users for making payments to AAI for all services pertaining to Import/Export. The PDA facility would be availabel on all working days from 1000 hrs to closingof the import counters.
  2. The PD Account may be opened by depositing of pay-order / demand draft drawn on nationalized bank in favour of Airports Authority of India Chennai.
  3. Pre-Deposit Account may be opened with an initial deposit of Rs. 5000/- by way of demand draft/pay order only. Replenishment may be made by way of demand draft/pay order only of not less than Rs. 5000/-.
  4. A minimum balance of Rs. 5000/- shall be maintained for Import and Rs. 3000/- for Export by each PD Account holder at all times & no interest shall be paid onany amount by AAI. The PD Account holder must ensure that sufficient funds are available in his account to carry out the transactions.
  5. The PD Account may be replenished on all working days between 1000 hrs. to 1730 hrs.
  6. The PD Account holder shall be required to affix a PD Account No. on delivery order on the top right hand side reflecting the Name of Company & PD A/c No.
  7. Agencies may obtain monthly statement of their PD account from Finance and Accounts. Any discrepancy found in the statement may be brought to the notice of AAI with 7 days of receipt otherwise it would be presumed that PD A/c statement issued by AAI is correct.
  8. The account will be operated by maximum number of three authorised signatories duly authorised by the agency & must be registered with AAI.
  9. Any change in the name and address of company or authorised signatories of PDA holder must be notified to AAI immediately. The expiry/termination of CHA must also be notified to AAI immediately.
  10. PD Account can be used by the holder for his own bills of entries only.
  11. Any willful non-compliance of the guidelines or misuse in operation of PD account shall result into withdrawal of PD account facility from the defaulting agency.
  12. If PD account remain un-operated for two months the account shall be closed without any notice and balances standing to credit shall be remitted to account holder by way of cheque.

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Last updated on - 18 June 2010