Keyword Analysis & Research: bonded warehouse cbp


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Frequently Asked Questions

What is the purpose of a CBP bonded warehouse?

According to the U.S. Customs and Border Protection (CBP), a customs bonded warehouse is a building or other secured area in which imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to five years from the date of importation.

What are the benefits of having a bonded warehouse?

There are several benefits to using a bonded warehouse. The main benefit is the flexibility of storing goods before the tariffs are due. This added time frame allows many companies the ability to perform additional tasks or defer the taxes until the goods are sold. First, it allows importers to delay paying duties on their imported goods.

How long can merchandise be stored in a CBP bonded warehouse?

According to the U.S. Customs and Border Protection (CBP), a customs bonded warehouse is a building or other secured area in which imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to five years from the date of importation.

What types of activities are allowed in a bonded warehouse?

According to the U.S. Customs and Border Protection (CBP), a customs bonded warehouse is a building or other secured area in which imported dutiable merchandise may be stored, manipulated, or undergo manufacturing operations without payment of duty for up to five years from the date of importation.


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