Regulations Governing the Certification and Management of the Authorized Economic Operators Article 27

Where an AEO applies for providing an affidavit as the substitute of a security of duties, taxes, and other charges to clear customs pursuant to Article 3, the affidavit liability ceiling amount ratified by the competent Customs office shall be restricted to cases where consolidated duties and charges due are paid on a monthly basis pursuant to this Regulations.Where an AEO provides a security of duties, taxes, and other charges pursuant to Article 4, the ceiling amount of security provided shall apply to cases where consolidated duties and charges due are paid on a monthly basis pursuant to this Regulations or to cases of post-release duties payment for import goods pursuant to the Regulations Governing the Implementation of Post-release Duty Payment Procedures for Import Goods.