Bonded Logistics

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📖 Detailed Explanation

Bonded Logistics refers to logistics activities approved by customs, conducted within bonded supervision areas (such as bonded warehouses, bonded logistics centers, comprehensive bonded zones, etc.), involving the storage, sorting, circulation processing, distribution, and transit of imported goods, while enjoying temporary exemption from import tariffs and import value-added tax. Its core feature is 'domestic territory outside customs' supervision: goods can circulate freely under bonded status without tariff imposition, and tariffs are levied only when goods are actually released into domestic sales or processing trade. Use cases include: international transit, transit trade, import distribution, export consolidation, cross-border e-commerce bonded stocking, etc. Notes: Enterprises must register with customs and connect to the supervision system; the storage period for goods is generally 1 year (extension can be applied for); unauthorized disposal or domestic sales are prohibited. Differences from other terms: Compared with 'ordinary logistics', bonded logistics enjoys tax deferral and exemption advantages; unlike 'bonded processing', bonded logistics focuses on circulation rather than production and processing; compared with 'free trade zone' logistics, bonded logistics is subject to stricter customs supervision but has a broader scope of application.

📝 Examples

1. Our company, through the Shanghai Waigaoqiao Bonded Logistics Park, temporarily stores a batch of precision instruments imported from Germany in a bonded warehouse, and after receiving orders from domestic customers, declares them in batches for release, effectively alleviating financial pressure. (Note: Utilizing bonded logistics to achieve deferred tax payment and batch release) 2. For cross-border e-commerce business, we adopt the bonded logistics model, shipping overseas goods in bulk to the Ningbo Bonded Zone. After consumers place orders, the bonded warehouse directly ships the goods, shortening customs clearance time to within 24 hours. (Note: Bonded logistics improves cross-border e-commerce delivery efficiency)

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