Glossary

Bonded Goods

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Bonded goods are goods where the customs duty hasn't been paid yet, so they remain in warehouses under customs supervision until the duty is paid.

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What are bonded goods?

Goods where the customs duty has not yet been paid. These goods are required to be stored in bonded warehouses—that is, warehouses under the supervision of customs authorities, until the customs duty has been paid on them.


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Related Help Article

How Do I Estimate Customs Duties?

Related Glossary Terms

Continuous Customs Bond

General Order

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