In the lead up to the implementation of the Advance Export Declaration (AED) requirement on 1 April 2013, Singapore Customs has put in place new infrastructure and processes to ensure a smooth transition
Companies have an 18-month adjustment period to fully comply with the AED requirement. From
1 April 2013 till 1 October 2014, they can further fine-tune their processes, systems and information flow without facing penalties for non-compliance. Some businesses, such as Infineon Technologies Asia Pacific, have started early and began to streamline operations
to meet the requirement.
As part of its ongoing efforts to combat contraband cigarettes, Singapore Customs held a series of community road shows in the heartlands in March and April this year.
With the proliferation of free trade agreements (FTA) and cargo from exporting countries being increasingly transhipped through third countries such as Singapore, Singapore Customs has seen a doubling in the number of Certificates of Non-Manipulation it has issued since 2010 for such goods in transit. The certificate enables importers in the final destination country to enjoy preferential tariffs under