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प्रश्न
What is bonded warehouse?
What are bonded warehouses?
उत्तर
- A bonded warehouse is established under a bond with the customs authorities to store dutiable goods until the payment of import duty.
- The owner of a bonded warehouse gives an undertaking not to release the goods until the customs duty is paid.
- Bonded warehouses are located in port towns and are licenced by the government.
- These warehouses operate under the vigilance of customs officials.
- Bonded warehouses accept imported goods for storage before the payment of customs duty.
- Once the duty is paid, goods are released on the authority of a warrant issued by the customs authorities.
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संबंधित प्रश्न
Warehouses licensed by the government and established specifically for storage of dutiable goods are called ______.
Which warehouses are generally located in rural and suburban areas where space is available at low cost?
The benefits of public warehousing includes ______.
These warehouses are owned by manufacturers and traders to store the goods produced or purchased by them until they are sold out.
These warehouses are meant for use by businessmen in general. Any businessman can store his goods in these warehouses for some charge.
Importers who do not have their own warehouses can keep their goods in these warehouses by paying nominal charges.
Large amount of capital is required for construction and maintenance of ______ warehouses.
______ and ______ have their own warehouses which are used by the Government to keep buffer stock of foodgrains for public distribution system.
Discuss the advantages of Bonded Warehouse to importers.
Explain the utility of cold storage.
