A bonded warehouse is a secure place where goods can be stored without payment of customs duties and taxes until they are either exported to other countries or released for sale in the domestic market. Bonded warehouses are typically used to store dutiable goods, such as alcoholic beverages, tobacco, and luxury goods, as well as goods that are subject to other import restrictions or regulations. The goods stored in a bonded warehouse are under the custody of the customs authority until the duties and taxes are paid or the goods are otherwise released from the warehouse.