// definition
Customs bonded warehouse
US storage under customs control
freshreviewed 0 days ago
Short definition
A warehouse under customs control where imported merchandise can be held before entry for consumption. In the United States, goods entered for warehousing generally attract the duty rate in effect on withdrawal for consumption, subject to specific provisions. Withdrawal requires formalities and an estimated-duty deposit. COMEX approval does not establish the customs status of individual lots.
risk atlas
Knowledge map
Related analyses
Primary sources
- eCFR, 19 CFR 141.69General rule and the warehousing exception; specific provisions can override the treatment.
- eCFR, 19 CFR 144.38Formalities, estimated-duty deposit and permit for withdrawal for consumption.