U.S. Customs Bonded Warehouse and Bonded Truck
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About U.S. Customs Bonded Warehouse and Bonded Truck
Customs Bonded Warehouse
We work with a bonded warehouse that is authorised by Customs to store goods and defer duty payment until the goods are removed. Your goods are held under the warehouse operator’s bond until they are exported, withdrawn for supplies to a vessel or aircraft in international traffic, destroyed under Customs supervision, or withdrawn for domestic consumption after payment of duty.
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ABOUT U.S. Customs Bonded Warehouse and Bonded Truck
Benefits
In a variety of situations, our customers benefit from significant cost savings by deferring payment. The warehouse proprietor keeps all records that allow Customs to easily verify that our client’s bonded merchandise is accounted for and that merchandise has not been released from the warehouse until Customs has received the proper amount of duties owed or has proof of exportation.
- The capacity to import items with potentially high duty rates as raw materials, components, or partially finished goods and assemble them into a final product with a cheaper duty rate.
- Export goods in-bond to the United States without paying duty.
- Declare customs on a weekly basis instead of a per shipment basis.
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