Transhipment of import and export cargo through airports- waiver of bank guarantee

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..... 006 Subject: Transhipment of import and export cargo through airports- waiver of bank guarantee - Reg.- I am directed to invite your attention that as per existing provisions of transhipment of cargo from one Customs location to another location, the transhipper has to execute a bond with bank guarantee in order to safeguard Customs duty in the transhipment operation. Kind attention is also inv .....

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..... airports and transhipment of cargo from/to airport from other Customs location was considered in Inter Ministerial Group ) on simplification of Customs procedures in Air cargo and Air ports. It was discussed to provide similar bank guarantee waiver requirement for air cargo transhipment. 3. It has been decided by the Board that airlines/ other carriers having annual transhipment volume above 25 .....

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