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of <h1>New 2020 Regulations for Transporting Goods via Foreign Territories Supersede 1965 Rules; Key Steps and Compliance Explained.</h1> The Transportation of Goods (Through Foreign Territory), Regulations, 2020, issued by the Central Board of Indirect Taxes and Customs, supersedes the 1965 regulations. These regulations apply to goods transported under agreements between India and Bangladesh and through foreign territories. Key requirements include filing a Customs Transit Declaration, executing a bond for goods' value, and ensuring goods are sealed with a customs lock. Proper officers must verify and endorse the transit declarations at exit and re-entry points. The regulations ensure secure and compliant transit of goods across foreign territories, with specific documentation and procedural requirements.
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