Inside Customs Bonded Warehouses: Purpose and Operations

Purpose and operations of customs bonded warehouses

Technological advancements increase international trade. Inventory storage is a limiting factor as some goods require specialized storage and warehouses due to their fragile nature. Customs-bonded warehouses address this issue by offering cost-efficient storage solutions. These warehouses help businesses store goods without tax or fees until the goods are sent for sale or distribution. To understand […]