Key Points of Bonded Warehouse Regulations
Definition of Bonded Warehouse
A bonded warehouse is a storage place for imported goods with suspended import duties and taxes.
Operational Permit
Every bonded warehouse must have a permit from the Directorate General of Customs and Excise.
Types of Goods
Only eligible goods may be stored in a bonded warehouse.
Storage Period
Goods can be stored for up to 3 years with a possible extension.
Customs Supervision
All activities are supervised by Customs officers through IT Inventory systems and CCTV.
Goods Transfer
Goods can be moved to other locations with prior approval.
Reporting Obligations
Operators must submit periodic reports to authorities.
Violation Sanctions
Violations may result in administrative sanctions or permit revocation.
System Integration
Warehouse management systems must be integrated with Customs systems.