T1 / T2 / NCTS
Category: Customs
Also searched as: NCTS T1 T2
Definition (plain English)
Transit documents and systems used to move goods under customs control before final clearance or release.
Why it matters commercially
Transit setup affects guarantee exposure, border movement, discharge deadlines, and whether cargo can move inland before duty is paid.
Example
A forwarder arranged T1 transit so goods could move from port to an inland customs point before final clearance.
Common mistake
Assuming transit means cleared goods rather than customs-controlled goods with discharge and guarantee obligations.
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