According to Circular No: 04/2014 dated Feb 26, 2014 issued by Singapore Customs, they enhance Strategic Trade Scheme ("STS") effective 1 April 2014, but with 6 months grace period.
In short, export license system will be changed, especially Tier 2 and Tier 3 bulk licenses.
It looks bulk permit system is simplified and easier to understand and handle for traders.if
See details in: http://www.customs.gov.sg/NR/rdonlyres/6B9EA876-92CF-41D7-8758-25916F32D8C2/0/STSCircularFinal.pdf
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No representation is made about the accuracy of the information. The information, opinions and comments posted here are not to be considered legal advice. The information contained in this blog site is provided only as general information for education purposes, and blog topics may or may not be updated subsequent to their initial posting.
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