Bonded Goods

Products that are hosted in the bonded warehouse, whose import operations are still in progress, or which are planned to be kept for a certain period are called bonded goods. Bonded goods, duties, VAT, and other expense items are unpaid goods. All necessary taxes and charges must be paid to complete the import. Bonded goods are kept in warehouses under customs clearance is completed.

FAQ

What are examples of bonded goods?

Examples of bonded goods include alcohol, tobacco, luxury items, and high-value electronics.

What are non bonded goods?

Non-bonded goods are goods that are not subject to import duties or taxes, or that have already had the duties and taxes paid.

What does it mean when an item is bonded?

When an item is bonded, it means that it is being stored in a bonded warehouse without the payment of import duties or taxes. The duties and taxes must be paid before the goods can be released from the bonded warehouse.

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