TMI BlogTransshipment of Containers from Gateway ports to ICDs/CFSsX X X X Extracts X X X X X X X X Extracts X X X X ..... (Condition of Transshipment) Regulations, 1995". Under the said Regulations, a continuity bond is to be executed by the transporter/custodian/declarant for safe carriage of the goods from the gateway port to the ICDs/CFSs. The bond is discharged when the landing certificate, i.e. receipt of the goods at the destination is produced by the transporter/custodian/declarant. The Regulation provide that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting was held on 9-6-2000 under the chairmanship of the Member (Customs), which was attended by the officers of the Department, Ministry of Commerce, CONCOR, CWC as well as the representatives of Steamer Agents/Shipping lines. 3. In the meeting it was decided that the Steamer Agents would not be asked to submit the copies of invoices of the cargoes to be transhipped from gateway ports to ICDs/ C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pt of proof of safe landing of containers at the port of destination. The value of mother bond can be arrived on the basis of the average number of containers carried per trip, the time taken for submission of proof of safe landing of containers at the destination ICDs/CFSs, frequency of such transshipment as well as average value of cargo per containers transshipped in the past. 5. To avoid blo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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