Saturday Aug 20, 2022

Exemption and Facilities


Exemption & facilities of B.I.K

·         Possibility of cargo import without paying customs duties , commercial profit and least formalities

·         Ability to re-export , returned , transshipment of cargo with the least customs formalities

·         Processing and conversion of goods in order to acquire added value

·         Conditional unlimited duration of cargo storage in the zone

·         Possibility of retail selling goods in the zone

·         Issuing proforma and transfer the whole or part of the goods to the other applicants

·         Possibility of entry whole or part of imported cargo to the country by the cargo owners in both conclusive and temporary condition after customs formalities

·         Issuing negotiable of origin for the import & export of goods

·         Issuing insurance policy for the imported goods