A storage space for goods on which the duty is already paid.
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What is a Non-Bonded Warehouse?
A non-bonded warehouse is a storage facility that is not under customs control. Goods in a non-bonded warehouse are not subject to customs duties or taxes, and goods can be moved into or out of the warehouse without the need for customs clearance.
Non-bonded warehouses are commonly used for storage and distribution of goods between international markets.
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