bonded warehouse in English

noun
1
a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.
Goods may also be moved from one bonded warehouse to another bonded warehouse without the payment of duties and VAT.

Use "bonded warehouse" in a sentence

Below are sample sentences containing the word "bonded warehouse" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "bonded warehouse", or refer to the context using the word "bonded warehouse" in the English Dictionary.

1. Bonded WAREHOUSE What is a Customs Bonded warehouse? A Customs Bonded warehouse is a building or other secured area in which imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to 5 years from the date of importation.

2. For failure to allow access to a bonded warehouse or duty free shop, see C046.

3. For failure to allow access to goods in a bonded warehouse or duty free shop, see C047.

4. Of or relating to the storage of goods under a customs bond: a Bonded warehouse; Bonded merchandise

5. Individual Bonded Warehouse records are filed alphabetically by name and held in various offices. Program Record Number:

6. All costs, charges and expenses associated with storing goods while en route to Canada, such as bonded warehouse fees.

7. The Fat Controller and I were back inside the bolt when it arrived from the bonded warehouse at Felixstowe.

8. Obtaining finance against stocks of a wide range of products held in a bonded warehouse is common in much of the world.

9. The palace has served a variety of public functions, including as a customs office and bonded warehouse, mint, armoury, treasury, bank and school.

10. Bonded warehouses are a unique proposition that the owners of the Bonded warehouse and the Customs Border Protection share responsibilities in its operation

11. A Bonded warehouse is a secure place to store items intended for export while you wait for a buyer, allowing you to delay the payment of customs duties and taxes

12. They are an extension of an area where the CBP has a level of control over, but the day-to-day operation of the Bonded Warehouse is outsourced to its proprietors.