Customs cargo service provider obligations require specified infrastructure, insurance, bonds and indemnity for handling imported and export goods. Customs cargo service providers must furnish specified infrastructure and secure premises scaled to projected capacity, maintain computerized location and accountal systems and secure connectivity with Customs, provide segregated storage and facilities for scanning and auction, obtain insurance covering the average projected value of stored goods, bear cost-recovery payments for posted Customs officers, execute bonds and provide bank guarantees or cash deposits as required (subject to enumerated exemptions), undertake statutory compliance, and indemnify the customs authority against liabilities arising from damage, loss or deterioration of goods during custody and handling.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs cargo service provider obligations require specified infrastructure, insurance, bonds and indemnity for handling imported and export goods.
Customs cargo service providers must furnish specified infrastructure and secure premises scaled to projected capacity, maintain computerized location and accountal systems and secure connectivity with Customs, provide segregated storage and facilities for scanning and auction, obtain insurance covering the average projected value of stored goods, bear cost-recovery payments for posted Customs officers, execute bonds and provide bank guarantees or cash deposits as required (subject to enumerated exemptions), undertake statutory compliance, and indemnify the customs authority against liabilities arising from damage, loss or deterioration of goods during custody and handling.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
