bonded warehouse

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Related to bonded warehouses: Bonded goods, Warehouse Entry, Bonded Storage

bonded warehouse

A warehouse where materials may be stored before their installation on a building project if they are not stored at the job site. The materials are “in bond, ” that is, under the legal control of the project’s owner.
References in periodicals archive ?
Traders have estimated that around 700,000 tonnes to 800,000 tonnes of cotton is stored in bonded warehouses at major ports in the country.
Customs staff also apparently took bribes to help criminals fake shipments overseas from two bonded warehouses in London and East Anglia avoiding VAT.
Two Answers: Bonded Warehouses and Foreign Trade Zones
Operation Stockade was an investigation into the removal of 'duty suspended' beers, wines and spirits from the Fort Patrick bonded warehouse in Ipswich, Suffolk, on the pretence of their being lawfully transported overseas, mainly to other bonded warehouses within the EU.
One possible way is to use bonded warehouses in customers' countries, combined with representatives located in these countries.
New Brazilian law allows bonded warehouses to double as manufacturing plants.
It was also indicated that contrary to other statements in the ads run by AA 2000, The Exxel Group had contracts through to 2008 and 2009 for the operation of duty free and bonded warehouses respectively and was not currently searching for a new vendor to take these over.
The Yokohama Commodity Exchange said Thursday it will begin futures trading in imported raw silk May 8 for delivery at bonded warehouses at home and abroad.
The report also hopes to restrict the hold-ups involving goods requiring a regulated form of storage, such as in bonded warehouses.
Companies which consider themselves global trading concerns, and those new to international trade, must be familiar with the operation of bonded warehouses and free-trade zones.
The same result can be achieved, however, by using bonded warehouses to avoid the VAT on the imported goods.
Cargo Connection Logistics has served as one of this firm's United States Customs Bonded Warehouses and domestic receiving stations and will now provide domestic export services on behalf of the company.