Customs rules get stringent at Singapore
Customs rules for temporary import of defence goods | |
Belgian authorities remind travellers of customs rules | |
Vietnam, Singapore promote cooperation in finance |
Come September 1, a new set of Customs rules will come into effect at the transhipment hub of Singapore. Under a revised “free trade zone (FTZ) regime that was implemented in March 2024, advanced or pre-filing of export/import/transhipment cargo information will be required.
The FTZ regulations require cargo interests to submit import cargo information on long-haul trades 12 hours prior to each vessel’s arrival at berth in Singapore Port and for short-haul trades, this requirement must be done not later than the vessel’s departure from the port.
For export cargo, submissions will need to be filed within 24 hours after the vessel’s departure from the port.
Non-compliance would mean significant penalty and other implications for ship agents, which ultimately trickle down to the cargo owners. As per a customer advisory issued by Hapag Lloyd, “Singapore Customs will review the cases of missing, late, or inaccurate submission of B/L (bill of lading) data on a case-to-case basis, to determine the reasons for non-compliance and the appropriate penalty to be imposed.”
Related News
Preliminary assessment of Vietnam international merchandise trade performance in the first 9 months of 2024
09:22 | 20/11/2024 Customs Statistics
Preliminary assessment of Vietnam international merchandise trade performance in the second half of September, 2024
09:21 | 20/11/2024 Customs Statistics
Top 500 Largest Enterprises in Vietnam in 2024: Affirming the ability to overcome "headwinds"
09:39 | 19/11/2024 Headlines
"Explosion" of aviation retail with new services
15:53 | 18/11/2024 Headlines
Latest News
The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs
13:41 | 23/10/2024 World Customs
US customs clamps down on vague cargo descriptions
09:38 | 27/09/2024 World Customs
Uzbekistan Signs Customs Agreement With U.S.
09:02 | 26/09/2024 World Customs
Hong Kong customs seizes B42.5m of smuggled platinum, its largest haul in 20 years
09:02 | 26/09/2024 World Customs
More News
Customs Affairs conducts training programme for OFOQ2 Single Window System
13:15 | 16/08/2024 World Customs
Abu Dhabi Customs equips sea customs centres with five advanced inspection devices
14:20 | 15/08/2024 World Customs
Sabah Customs seizes over RM600,000 worth of drugs
10:16 | 09/08/2024 World Customs
Hong Kong customs to use AI to check 6,000 digital images in seconds for crime-fighting boost
14:43 | 07/08/2024 World Customs
Hong Kong customs seizes HK$5.8 million of heroin hidden among durians
16:05 | 05/08/2024 World Customs
Dubai and Indonesia to boost the Comprehensive Partnership Agreement with advanced customs procedures
15:16 | 30/07/2024 World Customs
India imposes 10% customs duty on solar glass imports
08:16 | 26/07/2024 World Customs
Customs seize arms, ammunition worth N2bn from Turkey
09:35 | 07/07/2024 World Customs
WCO and German Customs sign a new Grant Agreement
10:15 | 06/07/2024 World Customs
Your care
The Philippines Pioneers Corruption Risk Mapping to Strengthen Integrity and Trade Facilitation in Customs
13:41 | 23/10/2024 World Customs
US customs clamps down on vague cargo descriptions
09:38 | 27/09/2024 World Customs
Uzbekistan Signs Customs Agreement With U.S.
09:02 | 26/09/2024 World Customs
Hong Kong customs seizes B42.5m of smuggled platinum, its largest haul in 20 years
09:02 | 26/09/2024 World Customs
Customs Affairs conducts training programme for OFOQ2 Single Window System
13:15 | 16/08/2024 World Customs