https://www.taxtmi.com/news?id=16937 The draft regulations require electronic filing of prescribed arrival and departure manifests categorising cargo into home clearance, domestic and foreign transshipment, transit, export and coastal goods, with manual filing only if electronic means are unavailable. Transshipment through foreign territory requires manifest inclusion and execution of a prescribed bond, generally secured by a bank guarantee whose value is tied to notional container duty/value, with allocation of bond/guarantee responsibility among rail operators, custodians or container liners depending on routing. Registrations for declarants are required, subject to suspension, revocation and penalties for non-compliance. en-us Fri, 25 Nov 2016 16:14:17 +0530 Fri, 25 Nov 2016 16:14:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16937 The draft regulations require electronic filing of prescribed arrival and departure manifests categorising cargo into home clearance, domestic and foreign transshipment, transit, export and coastal goods, with manual filing only if electronic means are unavailable. Transshipment through foreign territory requires manifest inclusion and execution of a prescribed bond, generally secured by a bank guarantee whose value is tied to notional container duty/value, with allocation of bond/guarantee responsibility among rail operators, custodians or container liners depending on routing. Registrations for declarants are required, subject to suspension, revocation and penalties for non-compliance. News - Fri, 25 Nov 2016 16:14:17 +0530 https://www.taxtmi.com/news?id=16937