Bonded Warehouse
Category: Customs
Also searched as: Bonded Warehouse
Definition (plain English)
A customs-controlled warehouse where imported goods can be stored with duty and tax deferred until release into local circulation.
Why it matters commercially
Bonded storage can improve cashflow and re-export flexibility but adds control, documentation, stock segregation, and compliance requirements.
Example
An importer held seasonal stock in bond, releasing pallets gradually as retailers confirmed orders and duty cash was available.
Common mistake
Assuming bonded warehousing removes duty permanently rather than deferring it under strict customs control.
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