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Custom Bond is a form of security issued by PT. Asuransi Wahana Tata, in relation with the presence of various special facilities of custom for manufacture Industry Company, such as deferment of import duty, additional import duty/exemption of import duty based on the Decree of Minister of Finance: o No. 848/KMK.01/87: Import of material/construction equipment o No. 849/KMK.01/87: Import which is performed by a company in the bonded area o No. 850/KMK.01/87: Import of machine or material for export product o No. 852/KMK.01/87: “re-export” goods
The benefits of Custom Bond: o Does not require money deposit or collateral o Does not encumber production cost o The charge, which is paid, will be in a form of service charge that is relatively inexpensive.
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