Guarantee
When filling out a transit declaration in the New Computerized Transit System (NCTS), it is mandatory to submit a guarantee issued by a resident of Georgia or a guarantee issued in a CTC member country.
The mandatory guarantee amount is determined based on the import duties that would be payable on the day of the declaration’s registration. This calculation is made considering the highest applicable rate(s) of the relevant commodity subheading in the national commodity nomenclature of foreign economic activity, in case the goods were released for free circulation.
Steel International Trading Company LLC, as an authorized holder, ensures the guarantee amount for each shipment.
The registration and accounting of guarantee-related information are carried out using the NCTS system.
Filling out the Transit Declaration in NCTS – T1
Steel International Trading Company LLC holds the appropriate authorization as a holder of the transit procedure and is connected to the relevant Revenue Service server. The company is authorized to operate within the NCTS system.
We Offer:
- Remote procedure management – Customers can manage customs procedures from anywhere.
- Data security – The system ensures information protection and confidentiality.
- Process optimization – All stages of the declaration process are fully automated.
- Fast processing – Customs procedures are completed efficiently.
- Customer support – Our team is always ready to assist you in managing customs procedures.
Our Services
Steel International Trading Company LLC offers cargo declaration and the ability to carry out international transport (T1 coverage) within a single guarantee in CTC member countries, including:
- European Union countries: Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden.
- European Free Trade Association (EFTA) member countries: Iceland, Norway, Liechtenstein, Switzerland.
- Republic of Serbia
- Republic of North Macedonia
- United Kingdom and Northern Ireland
- Republic of Turkey
- Ukraine