Products placed in a bonded warehouse do not pay import duties until they are removed.

Name: Products placed in a bonded warehouse do not pay import duties until they are removed.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is the main advantage of keeping products in a bonded warehouse. The import duties are deferred until the goods are taken out for distribution or sale. This allows for cash flow optimization and lower costs for the importer.

Products Placed in a Bonded Warehouse Do Not Pay Import