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        Customs

        Transhipment of import and export cargo through airports- waiver of bank guarantee

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        Bank guarantee waiver for air cargo transhipment exempts carriers above a volume threshold from furnishing guarantees. Airlines and other carriers with annual transhipment volume above 2500 MT to or from any airport are exempt from the requirement to furnish a bank guarantee for carriage of goods on transhipment; jurisdictional Commissioners of Customs may also, in deserving cases, grant waivers and trade is to be notified by public notice.
                      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.

                            Bank guarantee waiver for air cargo transhipment exempts carriers above a volume threshold from furnishing guarantees.

                            Airlines and other carriers with annual transhipment volume above 2500 MT to or from any airport are exempt from the requirement to furnish a bank guarantee for carriage of goods on transhipment; jurisdictional Commissioners of Customs may also, in deserving cases, grant waivers and trade is to be notified by public notice.


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