A bonded warehouse is a secured building or premises for storage of dutiable goods. It may be managed either by the state or by a private company that has to post a customs bond with the government.
Governments developed the concept of bonded inventory to encourage international trade. When a good is transported across the world, it may be transported through several countries before it reaches ...
The Ministry of Finance will collaborate with relevant ministries and agencies to review legal regulations to establish a customs bond system to facilitate customs clearance in Vietnam in the ...
CHICAGO, March 29 (Reuters) - Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill ...
Manufacturers yesterday hailed the Government’s decision to eliminate the Customs bond and 45 percent machine parts duty as “a huge benefit” that will help them compete on a more “level playing field” ...
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