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Is it compulsory to submit security renewal?


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Updated by CUSTOMS

To facilitate the import of duty and/or GST suspended goods into Singapore, Declaring Entities, or their appointed Declaring Agents are required to furnish security for various scenarios,

Temporary importation of goods for approved purposes

Movements involving dutiable goods not under temporary import

Operation of licensed premises such as licensed warehouses and excise factories

Compliance with the regulatory requirements of Singapore Customs

Revenue protection purposes

For more information on Security Lodgement, please click here.


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