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CUSTOMS and EXCISE CLIENTS  Form

CUSTOMS and EXCISE CLIENTS Form

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Instructions and help about CUSTOMS AND EXCISE CLIENTS

good day my name is Nat shinga from trade facilitation Department in this episode we are going to talk about custom shity Bond what's a custom shity bond this is a financial security issue to custom from a recognized financial institution to cover potential Duty and taxes during the importation of good we have five different type of security Bond or shity Bond the first one we have a clearing agent then we have a boarded Warehouse then we have a credit facility then we have temporary import and we have Transit import for Bonds in this episode we are going to concentrate more on cering agent cering agent the industry expert who act as a broker between customs and the trading Community who are importer and exporter they are register under Section 73 of the customer ex act their function is to facilitate the clearance of goods when you're importing or exporting them requirement for clearing agent registration and Licensing number one you must prove like you have been worki

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