Procedures for Depositing and Removal of Goods in a Bonded Warehouse
Procedures for Depositing and Removal of Goods in a Bonded Warehouse
Warehoused goods may be delivered from a warehouse for 4 main reasons:
- Home consumption
This is when goods are entered first into their respective entries by owners before delivery from a bonded warehouse. These goods are intended for a delivery into home use and duty due on them must be paid before delivery.
- Re-exports
Means goods, which are imported and are under Customs control for re-exportation.
- Removal/Transfer
The proper officer may require the warehouse keeper within such time as the proper officer may direct, to remove all or any of the goods warehoused in such private bonded warehouse to a general bonded warehouse at the expense of the warehouse keeper or to enter and deliver them for home consumption, for exportation, or for use as stores for aircraft or vessels. Cargo receipts are to be prepared for removal of warehoused goods.
- Aircraft/Ship stores
“Stores” goods for use in aircraft, vessels and trains engaged in international transport for consumption by passengers and crew and goods for sale on board.