Import Export Warehouse

Import Export Warehouse

A designated place where imported goods brought into the country are stored under customs control without payment of import duties and taxes. After allowed operations have been performed, and within the warehousing period, the goods may be exported without the payment of duties, or may be withdrawn for consumption upon payment of duties.

Goods imported into customs warehouse and subsequently exported should be recorded as imports (at time of import) and as re-exports (at time of export).Such goods may undergo,

Breaking bulk
Grouping of packages
Sorting and grading.
Operations that change their essential character are not normally allowed

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