Cargos are stored in a Bonded Warehouse until it is claimed by its respective owners. When the cargo is claimed, import duty is charged upon release of the cargo from the warehouse. Customers are nevertheless given a choice of seeking release on a portion of the cargo as compared to the entire lot. Therefore, allowing the Customer to make import duty payments at different time intervals or stages. This eases the Customer’s financial situation.
Bonded Warehousing allows us to present a uniform customer interface for: