Imported Bonded Warehouse

An Imported Bonded Warehouse is a warehouse approved by customs for the storage of imported goods for which import tax procedures have not yet been completed. When goods enter the bonded warehouse, customs duties, value-added tax, and consumption tax are temporarily not levied. The goods may be stored, sorted, labeled, and subjected to simple processing. When they are actually released from the warehouse into the domestic market, taxes are levied according to their condition at the time of release; if they are re-exported, they are exempt from tax. Use cases include: cross-border e-commerce stockpiling, transit trade, tax-deferred warehousing, and international distribution. Precautions: customs supervision is required, and goods may not be misappropriated without authorization; the storage period is usually one year and may be extended upon application; different types of bonded warehouses (such as public and private) have different supervision requirements. Difference from a 'bonded zone': a bonded warehouse is a specific warehouse facility, while a bonded zone is a special customs supervision area with broader functions. Difference from an 'export supervised warehouse': the former is for imported goods, while the latter is for goods for which export procedures have already been completed.