Bonded Warehouse

A bonded warehouse is a facility that stores or holds goods such as tobacco that are dutiable. A tobacco processing or manufacturing facility might in part or whole be conceded bonded warehouse status as to make working processes more practicable. Regulations applicable to bonded warehouses and bonded goods can be very extremely convoluted and compliance can be onerous to industry.

References

1. Tobacco Encyclopedia. Ernst Voges. Bonded warehouse; Bonding. Page 355. 1984.