Bonded Goods

Bonded goods are items stored in a bonded warehouse where customs duties and taxes are deferred until the goods are either released for domestic use or re-exported.

These goods remain under the supervision of customs authorities while stored, providing businesses with significant cash flow advantages by postponing the payment of import duties and taxes. This system is especially beneficial for goods intended for re-export or further processing.

Bonded warehouses offer a secure storage environment, ensuring compliance with customs regulations. When the goods are eventually released, applicable duties and taxes are paid based on their final destination.

Utilizing bonded warehouses helps optimize inventory management, reduce upfront costs, and enhance operational flexibility in international trade.

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