Goods in bonded warehouses are under the strict supervision of the

Goods in bonded warehouses are under the strict supervision of the

Answer Details

Goods in bonded warehouses are under the strict supervision of the Customs Authority. A bonded warehouse is a storage facility authorized by Customs where imported goods can be stored without payment of duties or taxes until they are released for local consumption or export. The Customs Authority oversees the movement and storage of goods in bonded warehouses, ensuring that they comply with all relevant regulations. The authority also monitors the movement of goods in and out of the warehouse and ensures that duties and taxes are paid when the goods are released for local consumption or export. Therefore, the Customs Authority has strict supervision over goods in bonded warehouses.