Courier regulation amendments increase weight and value thresholds, revise security and disposal procedures, and allow bank guarantees. Amendments to the Courier Imports and Exports (Clearance) Regulations raise the weight and per consignment value thresholds, exempt certain exports from the monetary limit when a G.R. Waiver or specific permission from the central bank exists, and change import/export clearance limits to apply per consignment. Unclaimed imports may be detained and disposed of after a thirty day notice with storage charges payable by the Authorised Courier, while the proper officer may extend time limits for delays beyond the courier's control. Security requirements are revised and bank guarantees permitted; the Courier Bill of Entry declaration value is increased.
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Courier regulation amendments increase weight and value thresholds, revise security and disposal procedures, and allow bank guarantees.
Amendments to the Courier Imports and Exports (Clearance) Regulations raise the weight and per consignment value thresholds, exempt certain exports from the monetary limit when a G.R. Waiver or specific permission from the central bank exists, and change import/export clearance limits to apply per consignment. Unclaimed imports may be detained and disposed of after a thirty day notice with storage charges payable by the Authorised Courier, while the proper officer may extend time limits for delays beyond the courier's control. Security requirements are revised and bank guarantees permitted; the Courier Bill of Entry declaration value is increased.
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