what are sepical godowns? explain with example ?
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It is built to help small traders who don't have enough money to set up their own godown. Example- Before festivals or any occasions, retailers order extra goods to avoid out of stock situation. So they rent public godown. Bonded godown- Owned by government and private agencies to store imported goods
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Example- Before festivals or any occasions, retailers order extra goods to avoid out of stock situation. So they rent public godown. Bonded godown- Owned by government and private agencies to store imported goods. Example- Godown near ports.
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