Bonded Warehouse solutions have the advantage of storing imported dutiable merchandise that may be manipulated, or undergo manufacturing operations for up to 5 years from date of import without payment of duty.
Advantages of bonded warehouse solutions include:
- Duty not collected until withdrawal of your merchandise.
- If no domestic buyer is found, importer can sell merchandise for exportation. Leaving importer no obligation to pay duty.
- Manipulated merchandise with duties owed, will be determined at the time of withdrawal from the bonded warehouse.