This insurance is offered to domestic entities that, due to their business activities, are required to provide excise duty security.
Customs Duty Payment Guarantee
A customs guarantee is one of the permissible forms of securing customs duties. We recommend it to domestic entities engaged in international trade that, under the provisions of the Community Customs Code and other legal acts, are required to provide financial security for the payment of customs duties and taxes.
Common Transit Procedure Guarantee (CTP Guarantee)
It is intended for carriers, freight forwarders, exporters, and importers. The **Common Transit Procedure Insurance Guarantee** is one of the legally accepted forms of securing customs and tax liabilities with Customs Chambers in cases of non-compliance with payment obligations arising from regulations (Community Customs Code, Convention on a Common Transit Procedure, the VAT Act, and the Excise Duty Act). The guarantee is issued according to templates required by Customs Chambers. The Common Transit Procedure Convention allows for two types of guarantees: a general guarantee and a single guarantee.
