Goods discharged from ship on which import duties have not been paid are kept in the?

Answer Details

Goods discharged from a ship on which import duties have not been paid are kept in the bonded warehouse. A bonded warehouse is a building or a secured area in a port, airport or at the border, where imported goods that are subject to customs duty and taxes are stored until the duties and taxes are paid or the goods are released for export. Bonded warehouses are managed by the government or by private entities that are authorized by the government to operate such warehouses. The purpose of bonded warehouses is to provide a secure storage area for goods that have not yet cleared customs, to prevent loss or theft of the goods, and to provide an opportunity for the payment of customs duties and taxes before the goods are released for consumption in the local market.