Single window valuation system cargo tracking

16.2 Reasons for Requiring Security
ERCA may require the furnishing of security for the following 
reasons:
• to release goods without the completion of customs 
formalities when additional time is required to produce 
complete documents necessary for the completion of customs 
procedures;
• to ensure the re-exportation of temporarily imported goods 
without payment of duties and taxes or, in case of default, to 
ensure the payment of the duties and taxes;
• to ensure that transit goods exit through the approved 
customs route or arrive at the predetermined customs point of 
destination;
• to ensure the exportation of compensating products obtained 
from goods imported without payment of duties and taxes 
for inward processing or , in case of default, to ensure the 
payment of the duties and taxes;
• to release goods without payment of duties and taxes until the 
dispute between the importer and ERCA on classification or 
valuation of the goods imported are resolved; and
• to ensure payment of duties and taxes where deferred 
payment is allowed.

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ETHIOPIAN CUSTOMS GUIDE -
MARCH 2017
128
16.3 Form of Security
ERCA will accept the following forms of securities: 
• cash deposit;
• bank guarantee;
• insurance bond; and
• in case of public bodies, a written undertaking.
In this regard, ERCA requires only one security to be furnished 
in respect of one payment of duties, taxes, and service charges. 
However, at the request of the debtor ERCA may also permit a 
comprehensive security to be furnished to cover payments arising 
from two or more customs operations. ERCA may authorize the 
furnishing of the security by a person other than the debtor.
The person required to furnish a security is allowed to choose any 
acceptable form of security. However, ERCA may reject a security 
where it is incompatible with the applicable customs procedure.