Improving Customs Transit Systems
In the Islamic Countries
193
b) The applicant proofs the absence of any serious infringement or repeated infringements
of customs legislation and taxation rules, including no record of serious criminal
offenses relating to the economic activity of the applicant;
c) The applicant is a regular user of the customs procedures involved or operators of
temporary storage facilities, or the applicant proofs practical standards of competence
or professional qualifications directly related to the activity carried out.
5.1.3.1.3 Risk-based calculation of guarantee amount
According to the recognized risks level, the government can set up the list of high risky goods
where the specific minimum rates for calculation of guarantee are published. Usually, on an
annual basis, the government shall regularly evaluate the actual risks level in the country and
evaluate the list of high risky goods.
5.1.3.1.4 AEO and reduction of guarantee amount of AEOs
Based on the implementation of the rules for granting the AEO Certificate the government can
harmonize the criteria for granting the Authorisation to use the guarantee waiver (i.e., guarantee
amount is reduced to 0% of reference amount) and the criteria for granting the AEO Certificate.
That harmonization will reduce the time and resources necessary for evaluation and granting
the Authorisation to use the guarantee waiver.
5.1.3.1.5 Forms of guarantee
It is highly recommended for CAs to accept any form of transit guarantee. The possible types of
guarantee may include, but not be limited to 126:
 Cash deposits (national or foreign currency);
 Temporary placement of funds on the Customs administration’s bank account;
 Tradable securities;
 Movable property (e.g., means of transport) pledge agreement;
 Non-movable property (e.g., office or production premises) pledge agreement;
 Bank guarantee;
 Insurance policy;
 Surety contract;
 International guarantees;
 Regional guarantees.
126