What Transshipment Bond form is furnished with a Transshipment Entry?

What Transshipment Bond form is furnished with a Transshipment Entry?

• A. Transshipment Bond furnished in Form CB.6
• B. C.7 - Aircraft General Inwards Declaration
• C. C.38 - Transire
• D. C.17 - Returning Residents Declaration

Answer: (A)

When goods are sent for transshipment, a bond is needed to guarantee that duties and taxes will be handled and that the goods will be re-exported or dealt with under the declared terms. The bond used with a Transshipment Entry is Form CB.6, the Transshipment Bond. It provides security that the transshipment will occur according to Bahamian customs rules and that any duties or taxes due will be covered if the terms aren’t met. The other forms address different procedures: an Aircraft General Inwards Declaration covers inbound aircraft, Transire handles another transit context, and the Returning Residents Declaration relates to residents returning home. So Form CB.6 is the appropriate bond for a Transshipment Entry.