Singapore Customs releases several notices to exporters

Singapore Customs has released three recent notices to advise exporters.

1. Notice No: 14/2018, dated 10 August, reminds exporters that ‘under the Seventh Schedule of the Regulation of Imports and Exports Regulations (‘RIER’), the import, export, transhipment, and transit of any goods that are for the purposes of trade with any person in the Democratic People’s Republic of Korea (‘DPRK’) is strictly prohibited.’ Non-commercial goods cannot be exported to or from the DPRK through Singapore without a permit. Prohibition applies to goods that have been sanctioned under the United Nations Security Council Resolutions (‘UNSCRs’), or which are published under the Seventh Schedule of the RIER.
   Transgressors could receive a fine of up to S$100,000 (or three times the value of the goods concerned, whichever is the greater) or imprisonment for up to two years. Repeat offenders could receive a fine of up to S$200,000 (or four times the value of the goods concerned, whichever is the greater), and/or imprisonment for up to three years.
2. Notice No: 15/2018 of 24 August states that from 1 September 2018 ‘Corppass’ will be the only mode of login for companies to transact with Singapore Customs.
3. Notice 16/2018 of 27 Aug 2018 reminds exporters that all TradeXchange services have migrated to the National Trade Platform (‘NTP’). The TradeXchange will be decommissioned on 28 October 2018.