Warehousing
Bonded Warehouse
Definition
A customs-controlled facility where eligible imported goods may be stored before duties and taxes are paid or before another authorized disposition.
In practical terms
Bonded storage operates under specific authorization, security, recordkeeping, and movement controls. Goods can remain under customs control until released, re-exported, or otherwise accounted for.
Example
Imported inventory remains in a bonded warehouse until units are released for domestic sale.