What Is Bonded Warehouse? Definition And Meaning

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Dictionary of International Trade A B C D E F G H I J K L M N O P Q R S T U V W Y Z Ba Be Bi Bl Bo Br Bs Bu Boi Bol Bon Bor Bot Boy Bonded warehouse

A warehouse authorized by customs authorities for storage of goods on which payment of duties is deferred until the goods are removed for domestic consumption. In the goods are re-exported, no duty has to be paid at all. See foreign trade zone.

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