Question

How is a bonded warehouse useful for the importers?

Answer 1

A bonded warehouse is quite useful for export of various materials. Apart from this, they are also useful for importers in case of export -import business.

The main objective of using a bonded warehouse is to keep all materials at stock, till the time they are to be used, sold or transported to somewhere else.

So they are quite beneficial for business and one can safely keep the merchandise and keep it under a legal conformity till they are used when required. Bonded warehouses are specially used when there is restriction on import and export of goods and it is used as a special case.