Various benefits offered by a bonded warehouse

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Various benefits offered by a Bonded Warehouse.

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A bonded warehouse is a storage facility licensed by the government for keeping the imported goods that are awaiting clearance from custom duties. The common benefits rendered by bonded warehouses include: http://www.div-ent.com/


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• The goods are securely stored in the bonded warehouse until the importer arranges for the payment of import and custom duties. This facility therefore saves the importer from paying a heavy custom duty at once. • Bonded warehouses allows the importer to divide, mix, brand, label and pack the goods and make them ready for a proper marketing, while they are stored in the warehouse itself. http://www.div-ent.com/


The stored goods can be re-exported from the warehouse again without spending much on the custom and import duties again. • Simply by endorsing the warehouse receipts, the importer can transfer the good’s title or influence the sales of goods in the bonded warehouse thus saving much on his part.

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• The importer can use the goods lying is a bonded warehouse as a collateral security for acquiring a loan. • Lastly, the importer can be sure that the goods kept in the bonded warehouse is free from damage and also safe from being stolen.

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