The effect of the anti-dumping duty and customs bond
enforced from 2004 was dramatic on Indian seafood exports.
The first alternative, customs bonds, can be expensive.
Exhibit 1 gives some examples of the relative costs of customs bonds and customs broker.
Visitors are able to easily apply online for a Customs bond
or cargo insurance as well as register to use the web-based software.
Zep-Re manages the Comesa Customs Bond
Guarantee (RCTG) Scheme, a customs transit regime designed to facilitate the movement of goods under Customs seals in the Comesa region and to provide the required customs security and guarantee to the transit countries.
02mln (XAF 800mln) customs bond
to be offered to Cameroon Customs, enabling its arm, Gaz du Cameroun (GDC), to import the Gensets without paying import duty for 12 months.
The study suggests that customs pre-declaration or pre-entry, use of the single customs and regional customs bond
guarantee scheme to cover the goods from the port of entry up to destination can reduce these times significantly.
Now located at 140 East Main Street, Suite G, Bozeman, MT, TRG is an international surety agency providing Customs bonds
, marine cargo insurance, and other trade-related products direct to companies that import into the United States.