The Customs Authority that has a stake to the claim will always attempt to recover the Customs duties and taxes due from the Principal first. If the Principal is unable to pay, the Guarantor of the single journey or multiple journey guarantee, a recognised guaranteeing institution, such as a bank or finance company in ASEAN, will pay the duties and taxes to the aforementioned Customs Authority. The instrument that governs the liability of the Guarantor is the Guarantee Undertaking document. There are two formats of the document, catering for single and multiple journey liabilities.

You may refer to our website for more information on the ASEAN Customs Transit System (ACTS) here.