Advertisements
Advertisements
प्रश्न
What is bonded warehouse?
What are bonded warehouses?
थोडक्यात उत्तर
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.
shaalaa.com
Types of Warehousing
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
APPEARS IN
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 ______.
Public warehouses may be owned by ______.
______ and ______ have their own warehouses which are used by the Government to keep buffer stock of foodgrains for public distribution system.
Distinguish between a private warehouse and a public warehouse.
Distinguish between Public Warehouses and Bonded Warehouses.
Write a short note on private warehouse.
Describe the different types of warehouses.
Explain the utility of cold storage.
