Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. 2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that: (a) provide for the immediate release of goods upon receipt of the customs declaration and fulfillment of all applicable requirements and procedures; (b) provide for the electronic submission and processing of documentation and data, including manifests, in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival; (c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and (d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods. 3. Each Party shall adopt or maintain procedures that provide for the release of goods prior to a final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided. 4. If a Party allows for the release of goods conditioned ona security, it shall adopt or maintain procedures that: (a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled; (b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administration; and (c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries. 5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law. 6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 4 contracts
Samples: Trade Agreement, Trade Agreement, Trade Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between among the Parties. For greater certainty, this paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for that allow goods to be cleared from customs within a period no longer than that required to ensure compliance with its customs laws and regulations and, to the immediate release of goods upon receipt of the customs declaration and fulfillment of all applicable requirements and procedures;
(b) provide for the electronic submission and processing of documentation and dataextent possible, including manifests, in advance within 48 hours of the arrival of goods and lodgement of all the goods in order to expedite the release of goods from necessary information for customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goodsclearance.
3. If any goods are selected for further examination, such an examination shall be limited to what is reasonable and necessary, and undertaken and completed without undue delay.
4. Each Party shall adopt or maintain procedures that provide for allowing the release of goods goods, prior to a the final determination and payment of any customs duties, taxes, fees, and charges imposed on if such determination is not done prior to, or in connection with importation of the goods, when these are not determined prior to upon arrival or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided.
4. If a Party allows for the release of goods conditioned ona security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon rapidly as possible after arrival and provided that all other regulatory requirements have been met. As a condition for such release, a Party may require a guarantee in accordance with its laws and regulations that does not exceed the amount the Party requires to ensure payment of customs administration is satisfied that the obligations arising from the importation of duties, taxes, fees, and charges ultimately due for the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required covered by the customs administration; and
(c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entriesguarantee.
5. Nothing in this Article requires shall affect the right of a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security examine, detain, seize or confiscate or deal with the goods in accordance any manner consistent with its lawlaws and regulations.
6. With a view to preventing avoidable loss or deterioration of perishable goods, and provided that all regulatory requirements have been met, each Party shall provide for the release of perishable goods from customs control:
(a) under normal circumstances in the shortest possible time, and to the extent possible in less than six hours after the arrival of the goods and submission of the information required for release; and
(b) in exceptional circumstances where it would be appropriate to do so, outside the business hours of its customs authority.
7. Each Party shall allowgive appropriate priority to perishable goods when scheduling any examinations that may be required.
8. Each Party shall either arrange or allow an importer to arrange for the proper storage of perishable goods pending their release. Each Party may require that any storage facilities arranged by the importer have been approved or designated by its relevant authorities. The movement of the goods to those storage facilities, including authorisations for the operator moving the goods, may be subject to the extent practicableapproval, goods intended where required, of the relevant authorities. Each Party shall, where practicable and consistent with domestic legislation, on the request of the importer, provide for import any procedures necessary for release to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are mettake place at those storage facilities.
Appears in 3 contracts
Samples: Regional Comprehensive Economic Partnership Agreement, Regional Comprehensive Economic Partnership Agreement, Regional Comprehensive Economic Partnership Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt within a period no longer than that required to ensure compliance with its customs laws and, to the extent possible, within 48 hours of the customs declaration and fulfillment arrival of all applicable requirements and proceduresthe goods;
(b) provide for the electronic submission and processing of documentation and data, including manifests, customs information in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;; 10 For greater certainty, “proceedings” means administrative measures by the customs administration and does not include judicial proceedings.
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the allow an importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for obtain the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, taxes and charges imposed on or in connection with importation of fees by the goods, importing Party’s customs administration when these are not determined prior to or promptly upon arrival, provided that the goods are good is otherwise eligible for release and any security required by the importing Party has been providedprovided or payment under protest, if required by a Party, has been made. Payment under protest refers to payment of duties, taxes and fees if the amount is in dispute and procedures are available to resolve the dispute.
43. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentinstruments, including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 3 contracts
Samples: Customs Administration and Trade Facilitation Agreement, Customs Administration and Trade Facilitation Agreement, Customs Administration and Trade Facilitation Agreement
Release of Goods. 1. Each Party shall adopt or maintain and apply simplified and efficient customs and other trade- related requirements and procedures for the efficient release of goods in order to facilitate trade between the Parties.
2. Pursuant to paragraph 1, each Party shall adopt exert its best efforts to ensure that its customs authorities, border agencies or maintain other competent authorities apply requirements and procedures that:
(a) provide for the immediate release of goods upon receipt of the within a period no longer than that required to ensure compliance with its customs declaration and fulfillment of all applicable requirements other trade-related laws and proceduresformalities. Each Party shall work to further reduce release time;
(b) provide for the advance electronic submission and eventual processing of documentation and data, including manifests, in advance of the information before physical arrival of the goods in order goods, “pre-arrival processing”, to expedite enable the release of goods from customs control upon on arrival;
(c) allow importers to obtain the release of goods from customs before, and without prejudice to, the final determination by its customs authority of the applicable customs duties, taxes and fees1; and
(d) allow goods to be released for free circulation at the point of arrival arrival, without requiring temporary transfer to warehouses or other facilities; and
(d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt work towards the implementation of initiatives that harmonise the data requirements of its respective agencies associated with the importation, exportation or maintain procedures transit of goods, and minimize the submission of trade data, with the objective of allowing importers and exporters to present all required data to one agency.
4. Where a Party determines to detain under customs control a good imported from the territory of the other Party due to a perceived failure to comply with the regulations or laws of the importing Party, relevant authorities of that provide Party shall immediately notify the importer of the reasons for the release detention of goods prior the good in accordance with its domestic laws and regulations.
1 A Party may require an importer to provide sufficient guarantee in the form of a final determination and surety, a deposit or some other appropriate instruments, covering the ultimate payment of any the customs duties, taxes, fees, taxes and charges imposed on or fees in connection with the importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided.
4. If a Party allows for the release of goods conditioned ona security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administration; and
(c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 2 contracts
Samples: Trade Agreement, Trade Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between among the Parties.
2. Pursuant to For greater certainty, this paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt of the customs declaration and fulfillment of all applicable requirements and procedures;
(b) provide for the electronic submission and processing of documentation and data, including manifests, in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) not require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for the release of goods prior to a final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided.
4. If a Party allows for the release of goods conditioned ona security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administration; and
(c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents met. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that allow goods to be cleared from customs within a period no longer than that required to ensure compliance with its customs laws and regulations and, to the extent possible, within 48 hours of the arrival of goods and lodgement of all the necessary information for customs clearance. If any goods are selected for further examination, such an examination shall be limited to what is reasonable and necessary, and undertaken and completed without undue delay. Each Party shall adopt or maintain procedures allowing the release of goods, prior to the final determination of customs duties, taxes, fees, and charges if such determination is not done prior to, or upon arrival or as rapidly as possible after arrival and provided that all other regulatory requirements have been met. As a condition for such release, a Party from liquidating may require a security guarantee in accordance with its law.
6laws and regulations that does not exceed the amount the Party requires to ensure payment of customs duties, taxes, fees, and charges ultimately due for the goods covered by the guarantee. Nothing in this Article shall affect the right of a Party to examine, detain, seize or confiscate or deal with the goods in any manner consistent with its laws and regulations. With a view to preventing avoidable loss or deterioration of perishable goods, and provided that all regulatory requirements have been met, each Party shall provide for the release of perishable goods from customs control: under normal circumstances in the shortest possible time, and to the extent possible in less than six hours after the arrival of the goods and submission of the information required for release; and in exceptional circumstances where it would be appropriate to do so, outside the business hours of its customs authority. Each Party shall allowgive appropriate priority to perishable goods when scheduling any examinations that may be required. Each Party shall either arrange or allow an importer to arrange for the proper storage of perishable goods pending their release. Each Party may require that any storage facilities arranged by the importer have been approved or designated by its relevant authorities. The movement of the goods to those storage facilities, including authorisations for the operator moving the goods, may be subject to the extent practicableapproval, goods intended where required, of the relevant authorities. Each Party shall, where practicable and consistent with domestic legislation, on the request of the importer, provide for import any procedures necessary for release to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are mettake place at those storage facilities.
Appears in 2 contracts
Samples: Regional Comprehensive Economic Partnership Agreement, Regional Comprehensive Economic Partnership Agreement
Release of Goods. 1. Each Party Party, through its Designated Representative, shall adopt or maintain simplified customs procedures for related to the efficient release importation of goods in order to facilitate trade between the Parties.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt of all required forms and supporting documentation and the customs declaration and fulfillment of all applicable requirements and procedures;; and
(b) provide for the electronic submission and processing of documentation and data, including manifests, in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow such goods to be released by the customs administration of the territory represented by the Party at the point of arrival without requiring temporary transfer to warehouses warehouses, premises, or other facilities; and
(d) require facilities unless required by other authorities of that the importer be informed if a Party does not promptly territory with jurisdiction over such goods. If additional inspections are required by such other authorities, those authorities will release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not when the customs administration, has withheld release goods comply with the applicable requirements of the goodsthose authorities.
32. Each Party Party, through its Designated Representative, shall adopt or maintain procedures that provide for the release of goods prior to a final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these customs duties, taxes, fees, or charges are not determined prior to or promptly upon by the time of arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party authorities of the territory into which the good is to be imported has been provided.
43. If the authorities of the territory represented by a Party allows allow for the release of goods conditioned ona on a security, it the Party, through its Designated Representative, shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security obligation shall be discharged as soon as possible after its the customs administration of the territory represented by the Party is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationrequired; and
(c) except in limited circumstances, allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries.
54. Nothing in this Article requires a Party Party, either on its own or through its Designated Representative, to require the release of a good if its where applicable requirements for release have not been met nor prevents a met, or to prevent the authorities of the territory represented by the Party from liquidating a security in accordance with their laws, regulations, and procedures.
5. Neither Party, either on its lawown or through its Designated Representative, shall use reference or minimum prices, including for risk management, for the purpose of assessing the customs value of goods, assessing taxes, or setting a guarantee.
6. Neither Party, either on its own or through its Designated Representative, shall require the use of preshipment inspection within the scope of Article 10.5.1 of the WTO Agreement on Trade Facilitation, set out in Annex 1A to the WTO Agreement.3
7. Each Party Party, through its Designated Representative, shall allow, to the extent practicable, goods intended for import to be moved within its the territory represented by the Party under customs control from the point of entry into the Party's territory arrival to another customs office port in its that territory from where the goods are intended to be released, provided the applicable regulatory requirements of the territory represented by the Party are met.
8. Each Party, through its Designated Representative, shall regularly update, as appropriate, risk profiles in the risk management systems of the authorities of the territory represented by the Party, taking into account emerging trends and trade dynamics and the results of previous customs control activities.
9. Each Party, through its Designated Representative, shall adopt or maintain procedures to ensure uniformity of customs treatment across the territory represented by the Party for goods imported into or transiting the territory.
10. Each Party, through its Designated Representative, shall adopt or maintain training programs for the customs officials of the authorities of the territory represented by the Party with a view to encouraging efficiency, consistency, and predictability in the application of customs procedures throughout that territory, including training on:
(a) laws, regulations, procedures, and guidance documents that apply throughout that territory;
(b) mechanisms for seeking consistent guidance on applying a particular customs procedure to an individual customs transaction; 3 For greater certainty, this paragraph refers to preshipment inspections covered by the WTO Agreement on Preshipment Inspection, set out in Annex 1A to the WTO Agreement, and does not preclude preshipment inspections for sanitary and phytosanitary purposes.
(c) technological developments in customs procedures, such as non-intrusive inspection techniques, artificial intelligence, and track-and-trace;
(d) information technology systems being used by the customs administration of that territory;
(e) business or trade processes that may complicate risk assessment by the customs administration of that territory; and
(f) decisions and agreements at the international level that affect the application of the customs procedures of that territory.
Appears in 2 contracts
Samples: Trade Agreement, Trade Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt within a period no longer than that required to ensure compliance with its customs laws and, to the extent possible, within 48 hours of the customs declaration and fulfillment arrival of all applicable requirements and proceduresthe goods;
(b) provide for the electronic submission and processing of documentation and data, including manifests, customs information in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the allow an importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for obtain the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, taxes and charges imposed on or in connection with importation of fees by the goods, importing Party's customs administration when these are not determined prior to or promptly upon arrival, provided that the goods are good is otherwise eligible for release and any security required by the importing Party has been providedprovided or payment under protest, if required by a Party, has been made. Payment under protest refers to payment of duties, taxes and fees if the amount is in dispute and procedures are available to resolve the dispute.
43. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentinstruments, and including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 2 contracts
Samples: Customs Administration and Trade Facilitation Agreement, Customs Administration and Trade Facilitation Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt within a period no longer than that required to ensure compliance with its customs laws and, to the extent possible, within 48 hours of the customs declaration and fulfillment arrival of all applicable requirements and proceduresthe goods;
(b) provide for the electronic submission and processing of documentation and data, including manifests, customs information in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; andand 7 For greater certainty, “separate” does not mean a specific facility or lane.
(d) require that the allow an importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for obtain the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, taxes and charges imposed on or in connection with importation of fees by the goods, importing Party’s customs administration when these are not determined prior to or promptly upon arrival, provided that the goods are good is otherwise eligible for release and any security required by the importing Party has been providedprovided or payment under protest, if required by a Party, has been made. Payment under protest refers to payment of duties, taxes and fees if the amount is in dispute and procedures are available to resolve the dispute.
43. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentinstruments, including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 1 contract
Samples: Customs Administration and Trade Facilitation Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good if the Party's requirements for release of the good have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide provide, in normal circumstances, for the immediate release of goods upon receipt within a period no longer than that required to ensure compliance with the customs laws of a Party and as rapidly as possible after the arrival of the customs declaration goods, provided that:
(i) all information and fulfillment documentation necessary to release the goods has been submitted on or prior to arrival of all applicable requirements the goods;
(ii) the goods are not subject to physical examination or inspection; and
(iii) the goods are otherwise admissible under the importing Party's laws and proceduresregulations;
(b) if applicable and to the extent possible, provide for the electronic submission and processing of documentation and data, including manifests, customs information relating to an import in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) endeavour to allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and, to the extent possible, and where consistent with its laws and regulations and customs procedures;
(d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide allow for the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided. Before releasing the goods, a Party may require that an importer provides sufficient guarantee in the form of a surety, a deposit, or some other appropriate instrument; and
(e) if applicable and to the extent possible, provide for, in accordance with its laws and regulations, clearance of certain goods with a minimum of documentation.
43. If a Party allows for the release of goods conditioned ona on the provision of a security, it that Party shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its that Party's customs administration authority is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentusinga form other than cash, including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
54. Nothing in this Article requires paragraph 2 or 3 shall:
(a) affect the right of a Party to release a good if its requirements for release have not been met nor prevents examine, detain, seize, confiscate or refuse entry of goods, or to carry out post-clearance audits, including in connection with the use of risk management systems; or
(b) prevent a Party from liquidating requiring, as a security condition for release, the submission of additional information and the fulfilment of non-automatic licensing requirements.
5. With a view to preventing avoidable loss or deterioration of perishable goods, and provided that all regulatory requirements have been met, each Party shall provide for the release of perishable goods from customs control:
(a) under normal circumstances, in accordance with the shortest possible time after the arrival of the goods and submission of the information required for release;
(b) in exceptional circumstances, where it would be appropriate to do so, outside the business hours of its lawcustoms authority.
6. Each Party shall allowgive appropriate priority to perishable goods when scheduling any examinations that may be required.
7. Each Party shall either arrange or allow an importer to arrange for the proper storage of perishable goods pending their release. Each Party may require that any storage facilities arranged by the importer have been approved or designated by its relevant authorities. The movement of goods to such storage facilities, including authorisations for the operator moving the goods, may be subject to the extent practicableapproval, goods intended where required, of the relevant authorities. Each Party shall, where practicable and consistent with its laws and regulations, on the request of the importer, provide for import any procedures necessary for release to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are mettake place at those storage facilities.
Appears in 1 contract
Release of Goods. 1. Each Party Party, through its Designated Representative, shall adopt or maintain simplified customs procedures for related to the efficient release importation of goods in order to facilitate trade between the Parties.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt of all required forms and supporting documentation and the customs declaration and fulfillment of all applicable requirements and procedures;; and
(b) provide for the electronic submission and processing of documentation and data, including manifests, in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow such goods to be released by the customs administration of the territory represented by the Party at the point of arrival without requiring temporary transfer to warehouses warehouses, premises, or other facilities; and
(d) require facilities unless required by other authorities of that the importer be informed if a Party does not promptly territory with jurisdiction over such goods. If additional inspections are required by such other authorities, those authorities will release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not when the customs administration, has withheld release goods comply with the applicable requirements of the goodsthose authorities.
32. Each Party Party, through its Designated Representative, shall adopt or maintain procedures that provide for the release of goods prior to a final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these customs duties, taxes, fees, or charges are not determined prior to or promptly upon by the time of arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party authorities of the territory into which the good is to be imported has been provided.
43. If the authorities of the territory represented by a Party allows allow for the release of goods conditioned ona on a security, it the Party, through its Designated Representative, shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security obligation shall be discharged as soon as possible after its the customs administration of the territory represented by the Party is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationrequired; and
(c) except in limited circumstances, allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries.
54. Nothing in this Article requires a Party Party, either on its own or through its Designated Representative, to require the release of a good if its where applicable requirements for release have not been met nor prevents a met, or to prevent the authorities of the territory represented by the Party from liquidating a security in accordance with their laws, regulations, and procedures.
5. Neither Party, either on its lawown or through its Designated Representative, shall use reference or minimum prices, including for risk management, for the purpose of assessing the customs value of goods, assessing taxes, or setting a guarantee.
6. Neither Party, either on its own or through its Designated Representative, shall require the use of preshipment inspection within the scope of Article 10.5.1 of the WTO Agreement on Trade Facilitation, set out in Annex 1A to the WTO Agreement.3
7. Each Party Party, through its Designated Representative, shall allow, to the extent practicable, goods intended for import to be moved within its the territory represented by the Party under customs control from the point of entry into the Party's territory arrival to another customs office port in its that territory from where the goods are intended to be released, provided the applicable regulatory requirements of the territory represented by the Party are met.
8. Each Party, through its Designated Representative, shall regularly update, as appropriate, risk profiles in the risk management systems of the authorities of the territory represented by the Party, taking into account emerging trends and trade dynamics and the results of previous customs control activities.
9. Each Party, through its Designated Representative, shall adopt or maintain procedures to ensure uniformity of customs treatment across the territory represented by the Party for goods imported into or transiting the territory.
10. Each Party, through its Designated Representative, shall adopt or maintain training programs for the customs officials of the authorities of the territory represented by the Party with a view to encouraging efficiency, consistency, and predictability in the application of customs procedures throughout that territory, including training on:
(a) laws, regulations, procedures, and guidance documents that apply throughout that territory;
(b) mechanisms for seeking consistent guidance on applying a particular customs procedure to an individual customs transaction;
(c) technological developments in customs procedures, such as non-intrusive 3 For greater certainty, this paragraph refers to preshipment inspections covered by the WTO Agreement on Preshipment Inspection, set out in Annex 1A to the WTO Agreement, and does not preclude preshipment inspections for sanitary and phytosanitary purposes.
(d) information technology systems being used by the customs administration of that territory;
(e) business or trade processes that may complicate risk assessment by the customs administration of that territory; and
(f) decisions and agreements at the international level that affect the application of the customs procedures of that territory.
Appears in 1 contract
Samples: Trade Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt of the customs declaration and fulfillment of all applicable requirements and procedures;
(b) provide for the electronic submission and processing of documentation and data, including manifests, in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for the release of goods prior to a final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided.
4. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administration; and
(c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's ’s territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 1 contract
Samples: Trade Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between among the Parties.
2. Pursuant to For greater certainty, this paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt of the customs declaration and fulfillment of all applicable requirements and procedures;
(b) provide for the electronic submission and processing of documentation and data, including manifests, in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) not require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for the release of goods prior to a final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided.
4. If a Party allows for the release of goods conditioned ona security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administration; and
(c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents met. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that allow goods to be cleared from customs within a period no longer than that required to ensure compliance with its customs laws and regulations and, to the extent possible, within 48 hours of the arrival of goods and lodgment of all the necessary information for customs clearance. If any goods are selected for further examination, such an examination shall be limited to what is reasonable and necessary, and undertaken and completed without undue delay. Each Party shall adopt or maintain procedures allowing the release of goods, prior to the final determination of customs duties, taxes, fees, and charges if such determination is not done prior to, or upon arrival or as rapidly as possible after arrival and provided that all other regulatory requirements have been met. As a condition for such release, a Party from liquidating may require a security guarantee in accordance with its law.
6laws and regulations that does not exceed the amount the Party requires to ensure payment of customs duties, taxes, fees, and charges ultimately due for the goods covered by the guarantee. Nothing in this Article shall affect the right of a Party to examine, detain, seize or confiscate or deal with the goods in any manner consistent with its laws and regulations. With a view to preventing avoidable loss or deterioration of perishable goods, and provided that all regulatory requirements have been met, each Party shall provide for the release of perishable goods from customs control: under normal circumstances in the shortest possible time, and to the extent possible in less than six hours after the arrival of the goods and submission of the information required for release; and in exceptional circumstances where it would be appropriate to do so, outside the business hours of its customs authority. Each Party shall allowgive appropriate priority to perishable goods when scheduling any examinations that may be required. Each Party shall either arrange or allow an importer to arrange for the proper storage of perishable goods pending their release. Each Party may require that any storage facilities arranged by the importer have been approved or designated by its relevant authorities. The movement of the goods to those storage facilities, including authorisations for the operator moving the goods, may be subject to the extent practicableapproval, goods intended where required, of the relevant authorities. Each Party shall, where practicable and consistent with domestic legislation, on the request of the importer, provide for import any procedures necessary for release to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are mettake place at those storage facilities.
Appears in 1 contract
Samples: Regional Comprehensive Economic Partnership Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt within a period no longer than that required to ensure compliance with its customs laws and, to the extent possible, within 48 hours of the customs declaration and fulfillment arrival of all applicable requirements and proceduresthe goods;
(b) provide for the electronic submission and processing of documentation and datacustoms information 6 Notwithstanding this Article, including manifestsa Party may assess customs duties, or may require formal entry documents, for restricted or controlled goods, such as goods subject to import licensing or similar requirements. 7 For greater certainty, “separate” does not mean a specific facility or lane. in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the allow an importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for obtain the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, taxes and charges imposed on or in connection with importation of fees by the goods, importing Party’s customs administration when these are not determined prior to or promptly upon arrival, provided that the goods are good is otherwise eligible for release and any security required by the importing Party has been providedprovided or payment under protest, if required by a Party, has been made. Payment under protest refers to payment of duties, taxes and fees if the amount is in dispute and procedures are available to resolve the dispute.
43. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentinstruments, including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 1 contract
Samples: Customs Administration and Trade Facilitation Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for the immediate release of goods upon receipt within a period no longer than that required to ensure compliance with its customs laws and, to the extent possible, within 48 hours of the customs declaration and fulfillment arrival of all applicable requirements and proceduresthe goods;
(b) provide for the electronic submission and processing of documentation and data, including manifests, customs information in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the allow an importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide for obtain the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, taxes and charges imposed on or in connection with importation of fees by the goods, importing Party's customs administration when these are not determined prior to or promptly upon arrival, provided that the goods are good is otherwise eligible for release and any security required by the importing Party has been providedprovided or payment under protest, if required by a Party, has been made. Payment under protest refers to payment of duties, taxes and fees if the amount is in dispute and procedures are available to resolve the dispute.
43. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentinstruments, including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 1 contract
Samples: Free Trade Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between among the Parties. For greater certainty, this paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide for that allow goods to be cleared from customs within a period no longer than that required to ensure compliance with its customs laws and regulations and, to the immediate release of goods upon receipt of the customs declaration and fulfillment of all applicable requirements and procedures;
(b) provide for the electronic submission and processing of documentation and dataextent possible, including manifests, in advance within 48 hours of the arrival of goods and lodgment of all the goods in order to expedite the release of goods from necessary information for customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and
(d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goodsclearance.
3. If any goods are selected for further examination, such an examination shall be limited to what is reasonable and necessary, and undertaken and completed without undue delay.
4. Each Party shall adopt or maintain procedures that provide for allowing the release of goods goods, prior to a the final determination and payment of any customs duties, taxes, fees, and charges imposed on if such determination is not done prior to, or in connection with importation of the goods, when these are not determined prior to upon arrival or promptly upon arrival, provided that the goods are otherwise eligible for release and any security required by the importing Party has been provided.
4. If a Party allows for the release of goods conditioned ona security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon rapidly as possible after arrival and provided that all other regulatory requirements have been met. As a condition for such release, a Party may require a guarantee in accordance with its laws and regulations that does not exceed the amount the Party requires to ensure payment of customs administration is satisfied that the obligations arising from the importation of duties, taxes, fees, and charges ultimately due for the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required covered by the customs administration; and
(c) allow an importer to provide security using a non-cash financial instrument, including, if applicable, when an importer frequently enters goods, an instrument covering multiple entriesguarantee.
5. Nothing in this Article requires shall affect the right of a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security examine, detain, seize or confiscate or deal with the goods in accordance any manner consistent with its lawlaws and regulations.
6. With a view to preventing avoidable loss or deterioration of perishable goods, and provided that all regulatory requirements have been met, each Party shall provide for the release of perishable goods from customs control:
(a) under normal circumstances in the shortest possible time, and to the extent possible in less than six hours after the arrival of the goods and submission of the information required for release; and
(b) in exceptional circumstances where it would be appropriate to do so, outside the business hours of its customs authority.
7. Each Party shall allowgive appropriate priority to perishable goods when scheduling any examinations that may be required.
8. Each Party shall either arrange or allow an importer to arrange for the proper storage of perishable goods pending their release. Each Party may require that any storage facilities arranged by the importer have been approved or designated by its relevant authorities. The movement of the goods to those storage facilities, including authorisations for the operator moving the goods, may be subject to the extent practicableapproval, goods intended where required, of the relevant authorities. Each Party shall, where practicable and consistent with domestic legislation, on the request of the importer, provide for import any procedures necessary for release to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are mettake place at those storage facilities.
Appears in 1 contract
Samples: Regional Comprehensive Economic Partnership Agreement
Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the PartiesParties in a manner that aims to reduce the cost for traders. This paragraph shall not require a Party to release a good if its requirements for release have not been met.
2. Pursuant to paragraph 1, each Party shall adopt or maintain procedures that:
(a) provide provide, in normal circumstances, for goods to be released within 48 hours of arrival, (4) provided:
(i) all information and documentation necessary to release the immediate release of goods upon receipt of have been submitted on or prior to arrival;
(ii) the customs declaration goods are not subject to physical examination or inspection; and
(iii) the goods are otherwise admissible under the importing Party's laws and fulfillment of all applicable requirements and proceduresregulations;
(b) if applicable and to the extent possible, provide for the electronic submission and processing of documentation and data, including manifests, customs information relating to import in advance of the arrival of the goods in order to expedite the release of goods from customs control upon arrival;
(c) allow goods to be released at the point of arrival without requiring temporary transfer to warehouses or other facilities; and;
(d) require that the importer be informed if a Party does not promptly release goods, including, to the extent permitted by its law, the reasons why the goods are not released and which border agency, if not the customs administration, has withheld release of the goods.
3. Each Party shall adopt or maintain procedures that provide allow for the release of goods prior to a the final determination and payment of any customs duties, taxes, fees, and charges imposed on or in connection with importation of the goods, when these are not determined prior to or promptly upon arrival, provided that the goods are good is otherwise eligible for release and any security required by the importing Party has been provided. Before releasing the goods, a Party may require that an importer provides sufficient guarantee in the form of a surety, a deposit, or some other appropriate instrument; and
(e) to the extent possible and if applicable, provide for, in accordance with its laws and regulations, clearance of certain goods with a minimum of documentation.
43. If a Party allows for the release of goods conditioned ona on a security, it shall adopt or maintain procedures that:
(a) ensure that the amount of the security is no greater than that required to ensure that obligations arising from the importation of the goods will be fulfilled;
(b) ensure that the security shall be discharged as soon as possible after its customs administration authority is satisfied that the obligations arising from the importation of the goods have been fulfilled or, for instruments covering multiple entries, until it is no longer required by the customs administrationfulfilled; and
(c) allow an importer importers to provide security using a non-cash financial instrumentform other than cash, including, if applicable, when in appropriate cases where an importer frequently enters goods, an instrument instruments covering multiple entries.
5. Nothing in this Article requires a Party to release a good if its requirements for release have not been met nor prevents a Party from liquidating a security in accordance with its law.
6. Each Party shall allow, to the extent practicable, goods intended for import to be moved within its territory under customs control from the point of entry into the Party's territory to another customs office in its territory from where the goods are intended to be released, provided the applicable regulatory requirements are met.
Appears in 1 contract
Samples: Free Trade Agreement