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    <title>Clarification on Insurance Amount and Bond Value for CCSPs and validity of Bond for AEO-LO - reg.</title>
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    <description>CCSPs must maintain insurance equal to the average value of goods likely to be stored in the customs area for a five day period based on projected capacity, with the Commissioner entitled to specify amounts considering goods already insured by importers or exporters. Custodian bond exposure for imported and exported goods is reduced to cover five days of storage rather than the previous ten. Approval and custodian bond validity for AEO LO CCSPs continue for the duration of their AEO authorization unless suspended or revoked.</description>
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    <pubDate>Thu, 12 Dec 2024 00:00:00 +0530</pubDate>
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      <description>CCSPs must maintain insurance equal to the average value of goods likely to be stored in the customs area for a five day period based on projected capacity, with the Commissioner entitled to specify amounts considering goods already insured by importers or exporters. Custodian bond exposure for imported and exported goods is reduced to cover five days of storage rather than the previous ten. Approval and custodian bond validity for AEO LO CCSPs continue for the duration of their AEO authorization unless suspended or revoked.</description>
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      <pubDate>Thu, 12 Dec 2024 00:00:00 +0530</pubDate>
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