Continuity bond for foreign transit makes authorised carriers liable for manifest discrepancies, unaccounted goods, losses, and customs penalties. A continuity bond requires an authorised carrier moving coastal goods through foreign territory to secure compliance with the Departure Manifest. ... Summary
Continuity bond for foreign transit makes authorised carriers liable for manifest discrepancies, unaccounted goods, losses, and customs penalties.
A continuity bond requires an authorised carrier moving coastal goods through foreign territory to secure compliance with the Departure Manifest. Liability arises where returned containers or contents differ from the manifest, goods are not satisfactorily accounted for, or export-duty-liable or restricted goods are lost in transit. The carrier must pay the value of the goods and any imposed penalty, with bond dues recoverable through the customs recovery mechanism.
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