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of <h1>India Streamlines Sea-to-Sea Transhipment: Key Procedures for Import and Export Clearances, Bank Guarantee Waivers Explained.</h1> The circular outlines the consolidated procedure for Sea-to-Sea Transhipment clearances in India, providing clarity on import and export transhipment processes. For import clearances, the procedure involves filing an Import General Manifest (IGM) at the Gateway Port, with specific codes for local and transhipment cargo, and registering a Transhipment Bond or Bank Guarantee at the Container Movement Facilitation Cell (CMFC). Export clearances require a Transshipment Application and Export General Manifest (EGM) filing. The circular also details the waiver of bank guarantees for carriers handling over 1000 TEUs annually. For international transhipment, a manual application process is outlined, with regulations guided by existing transhipment conditions.
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