Transhipment bond requires authorised carriers to deliver or account for goods and meet applicable customs duty obligations. Transhipment permission is conditional on an authorised carrier executing a bond to ensure safe delivery and accounting of manifest-listed goods at the ... Summary
Transhipment bond requires authorised carriers to deliver or account for goods and meet applicable customs duty obligations.
Transhipment permission is conditional on an authorised carrier executing a bond to ensure safe delivery and accounting of manifest-listed goods at the destination. The carrier must produce and hand over the goods within one month, or otherwise account for them to the proper officer's satisfaction, and furnish the destination Arrival Manifest confirming receipt or accounting. Applicable customs duties may be demanded, and unpaid bond amounts are recoverable under the Customs Act, 1962.
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