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SINGAPORE CUSTOMSNotice No: 03/2023 20 Mar 2023 (updated on 1 Aug 2024)Traders and Declaring Antsier Sir/Madam NEW APPLICATION PROCEDURES FOR CERTIFICATE OF FREE SALE (CFS) With effect from 1 April
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Obtain all necessary identification and registration documents, including tax ID numbers.
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Fill out the required forms accurately, including providing detailed information about the goods being traded.
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Traders and declaring agents are needed by individuals or companies involved in imports and exports of goods. These professionals help ensure that all necessary customs and trade regulations are followed, and that the goods are properly declared and documented.
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Traders and declaring agents are individuals or entities responsible for the declaration of goods for customs purposes, facilitating the import and export of goods legally and ensuring compliance with applicable trade regulations.
Individuals or businesses engaged in the import or export of goods, including customs brokers, freight forwarders, and direct traders, are required to file as traders and declaring agents.
To fill out traders and declaring agents forms, one must provide accurate information about the goods being traded, including descriptions, values, quantities, origin, and intended use, along with required documentation.
The purpose of traders and declaring agents is to ensure compliance with customs regulations, facilitate the lawful movement of goods across borders, and maintain accurate records for trade and regulatory authorities.
Information that must be reported includes trader identification details, descriptions of goods, their values, quantities, customs codes, shipment dates, and associated documentation.
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