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What is the Strategic Trade Scheme (STS) Bulk Permit?

Updated by CUSTOMS

The Strategic Trade Scheme (STS) Bulk Permit is a single approval for the export, re-export, transhipment or transmission of strategic goods or their related technology.

 

The Bulk Permit is valid for a period determined by Singapore Customs. It benefits businesses with a high transaction volume or short lead-time for order fulfilment.

 

As long as the transaction is within the scope of the approved Bulk Permit, the Bulk Permit holders can obtain the TradeNet permit before lodging the cargo with the port operators or air cargo ground handling agents.

 

He will not be required to obtain an Individual Permit 5 working days before the shipment. This enables the Bulk Permit holder to enjoy greater certainty and efficiency in their operations.

Topics:

Customs' Schemes, Licences & FrameworkStrategic Trade Scheme (STS)

Related questions

Do I have to apply for a strategic goods permit whenever I export the same product to the same customer?

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What are the steps required for the application of a Strategic Trade Scheme (STS) Bulk Permit?

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Am I required to apply for a Strategic Goods permit if I consistently export one single product to one single End-User/ customer?

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Can I apply for a normal TradeNet permit instead of a Strategic Goods permit to bring in or transit strategic goods?

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