Back to home

What will happen if the amount of guarantee lodged is insufficient for any particular transaction?

Updated by CUSTOMS

If the amount of guarantee lodged is insufficient to cover any particular transaction, the ASEAN Customs Transit System (ACTS) will not allow the transit movement to proceed. The Principal is required to take up a new guarantee before proceeding with the transit movement.

 

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

Topics:

ASEAN Customs Transit System (ACTS)

Related questions

How much guarantee does the Principal need to lodge for a multiple journey guarantee under the ASEAN Customs Transit System (ACTS)?

customs

How much guarantee does the Principal need to lodge for a single journey guarantee under the ASEAN Customs Transit System (ACTS)?

customs

Will the duties, taxes and other charges applicable in the country of departure?

customs

Does the movement of goods under the ASEAN Customs Transit System (ACTS) require any kind of financial security?

customs

Need more help?

Describe your issues to us.

Contact us