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Bonded warehouse

shipping container at sea
Definition

a "bonded warehouse" is a facility authorized by customs authorities where imported goods can be stored without the payment of duties or taxes. These warehouses are under strict supervision and control, ensuring that the goods remain within the customs territory. Bonded warehouses provide a secure and regulated environment for storing goods, allowing businesses to defer payment of duties until the goods are released for domestic consumption or re-exported. They offer flexibility in inventory management, facilitate international trade, and support customs compliance in the supply chain.

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Get the Most Advanced Visibility into the Journey of Your Ocean and Rail Containers

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Bonded warehouse

Definition

a "bonded warehouse" is a facility authorized by customs authorities where imported goods can be stored without the payment of duties or taxes. These warehouses are under strict supervision and control, ensuring that the goods remain within the customs territory. Bonded warehouses provide a secure and regulated environment for storing goods, allowing businesses to defer payment of duties until the goods are released for domestic consumption or re-exported. They offer flexibility in inventory management, facilitate international trade, and support customs compliance in the supply chain.

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Our experts love to answer questions. Fill out the form and someone will contact you soon.

Thank you for your submission!

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Oops! Something went wrong while submitting the form.

Get the Most Advanced Visibility Into the Journey of Your Ocean and Rail Containers

Talk to one of our supply chain experts to get started now.
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Shipping container at seaShipping container at sea