The place where dutiable goods are kept until the duties on them are paid is
Answer Details
The place where dutiable goods are kept until the duties on them are paid is called a "bonded warehouse".
A bonded warehouse is a secured facility that is approved by the government for the storage of imported goods until the duties and taxes on those goods are paid. Dutiable goods are stored in bonded warehouses until they are either cleared for entry into the country or re-exported.
The purpose of a bonded warehouse is to provide importers with temporary storage for their goods without paying the duties and taxes upfront. The importers can pay the duties and taxes at a later time when the goods are released from the bonded warehouse.
Bonded warehouses are under the supervision of the government customs agency and are subject to strict security and inventory control measures. This ensures that the goods are not tampered with or removed from the warehouse without proper authorization.
In summary, a bonded warehouse is a place where dutiable goods are kept until the duties on them are paid. It provides importers with temporary storage for their goods without paying the duties and taxes upfront.