Dynamics AX AIF Services Error: "Type 'http://schemas.microsoft.com/dynamics/2008/01/sharedtypes:AxdExtType_CFPSId_BR' is not declared."

You might get this or similar error when you activate inbound/outbound port or view document schema from data policies, To resolve this error all you need to do is
refresh AIF Services as shown below,

If you are still getting this error this means there are some errors in one or more objects related to the service you are trying to use, To get rid of this perform following steps

1) Identify objects that are causing this issue - Compile all tables that are in service query datasouce and ax* classes related to the services.

2) Fix error(s).

3) Refresh AIFservices as mentioned above.

Cheers!