All Bond Type Definitions
This bond guarantees duties and taxes are paid on
imported goods and that the goods are in compliance with Federal Regulations.
This bond allows an importer to obtain a refund of
99% of the duties paid on imported goods upon providing proof these goods were
exported.
This bond covers the activities of bonded
merchandise warehouses, carriers, cartmen and container stations. All of these
business types are responsible in the course of their activities for
merchandise which has not yet been entered into the commerce of the United
States and on which duties are still due. Such goods are referred to as being
in-bond.
This bond ensures operators properly manifest all
goods and passengers they carry, pay for the overtime services of Customs
officers and comply with all regulations related to the clearance of their
vehicles.
An FTZ is considered non-U.S. territory for
Customs’ purposes and foreign goods placed into the FTZ may be manufactured,
manipulated, repacked or exported without paying duties.