Release of goods definition

Release of goods means the act whereby the customs authorities make goods available for the purposes stipulated by the customs procedure under which they are placed.
Release of goods means the act whereby the customs authorities make goods available for the purposes specified for the common transit procedure under which they are placed;
Release of goods means the action by Customs to permit goods undergoing clearance to be placed at the disposal of the persons concerned;

Examples of Release of goods in a sentence

  • Article 164 Release of goods for export shall be granted on condition that the goods are exported from the customs territory in the same condition as when the export declaration was accepted.

  • Release of goods on the assumption that the self-assessment of tax payable on goods is correct does not affect the customs authority’s power to do an assessment after the release.

  • Release of goods pending technical analysis, expert advice or civil or criminal proceedings 102.

  • Release for free circulation shall confer on goods not being BiH-goods the customs status of BiH goods.2. Release of goods for free circulation shall entail application of commercial policy measures, completion of the other formalities laid down in respect of the importation of goods and the charging of any duties legally due.

  • Release of goods means permission for the export or import of goods by customs authorities when the following requirements are fully satisfied: a/ The goods fully meet the export or import requirements but the official payable tax amounts cannot be determined; b/ The customs declarants have paid taxes or have their declared and calculated payable tax amounts guaranteed by a credit institution.


More Definitions of Release of goods

Release of goods means the act whereby the customs authorities make goods available to the declarant for placement or disposition under a customs designation or process.
Release of goods means the act whereby the customs authorities, or other persons on their behalf, make goods available for the purposes specified for the customs procedure under which they are intended to be placed;
Release of goods means the act whereby Revenue makes goods available for the purposes specified for the customs procedure under which they are placed. For the purpose of this manual, it means release for export.
Release of goods means the act whereby the customs authority makes goods available for the purposes specified for the customs procedure under which they are placed;
Release of goods means the act whereby the customs administrations release the goods for the purposes stipulated by the customs procedure under which they are placed.
Release of goods means the act whereby the Customs authorities make goods available for the purposes specified by the Customs procedure under which they are placed. (Article 5(26) UCC)
Release of goods means the act whereby the customs authorities makes goods and means of transport available to the person who carried them across the customs border after customs clearance;