Singapore Issues Guidance for New ASEAN Customs Transit System
Singapore Customs issued an Oct. 30 guidance on the Association of Southeast Asian Nation’s Customs Transit System (ACTS), which it said will improve land transportation of goods when it takes effect Nov. 2. The system, which Singapore said will be…
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implemented among some ASEAN member states, will allow traders to “submit a single ACTS electronic declaration to cover the entire transit journey,” Singapore said. The guidance contains details on how traders can register for the system and other conditions.