Ex-bond clearance requires declared goods, valuation, duty calculation, supporting documents and importer application for bonded warehouse removal. Bill of Entry for Ex-Bond Clearance is used to apply for clearance of goods from a customs bonded warehouse for home consumption. It records importer, ... Summary
Ex-bond clearance requires declared goods, valuation, duty calculation, supporting documents and importer application for bonded warehouse removal.
Bill of Entry for Ex-Bond Clearance is used to apply for clearance of goods from a customs bonded warehouse for home consumption. It records importer, conveyance, origin, package, warehouse and goods particulars, together with tariff classification, assessable value, exemptions, and customs and additional duty calculations. Invoice value, freight, insurance, exchange rate and charges support valuation. The importer or customs house agent signs the declaration and submits supporting documents for customs assessment, processing and clearance.
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