Bonded Warehouse 4
Bonded Warehouse 4 : A warehouse bonded by customs authorities for storage of bonded goods prior to cargo being cleared. A facility or consolidation centre that is authorized by customs to store goods, usually separately on dutiable & non-dutiable goods, pending customs inspection and clearance. The goods in it are secured under customs custody. The payment of duties and taxes are only payable once the goods are removed. Authorized operators of bonded warehouse are often required to provide custom bond
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