Custom Bond is a security product issued by Asuransi Wahana Tata in relation with customs’ special facilities for manufacturing industry, such as import duty postponement, additional import duty/duty free based on the Decree of Ministry of Finance and Regulation of Directorate General of Customs:
- No. 580/KMK.04/2003, Ease Import for Export Destination Product
- No. 140/PMK.04/2007, Temporary Import or Article 23 (9OB 23) Customs Ordinance
- No. 160/PMK.04/2007, Advance Release Permit for Goods which are waiting for Document (Vooruitslag)
- No. 291/KMK.05/1997, Bonded Zone
- No. 65/PMK.04/2007, Employer of Customs Service Arrangement
- No. 51/PMK.04/2008, Stipulation Letter of Customs Rate
- No. 90/PMK.04/2007, Haul up of Export and Import Goods
- No. 70/PMK.04/2007, Temporary Storage
- No. 118/KMK04/2004, Non-Tax State Revenue
- Regulation of Directorate General of Customs No. P-05/BC/2006 concerning Deposit Service Company
The Advantages of Custom Bond:
- Does not require any security as long as the financial and
- Documentation requirements have been fulfilled.
- Low service cost.