Many people may have heard of bonded warehouses but do not fully understand what they are or how they work. These warehouses offer a secure location for storing imported goods for extended periods without the need to pay duty immediately. This makes them an invaluable resource for importers looking to manage their cash flow efficiently.
Key Benefits of Bonded Warehouses:
1. Duty and Tax Deferral: Importers can defer or avoid duty, interest, and tax payments until the goods are removed and shipped. This allows for better financial planning and avoids upfront payments.
2. Enhanced Security: Bonded warehouses employ robust safety measures to ensure the protection of stored goods. This includes:
– CCTV surveillance.
– 24-hour monitoring by security personnel.
– Full documentation of all products.
3. VAT and Duty Management: Goods stored in bonded warehouses are liable for import duty and/or Value Added Tax (VAT), but these payments are deferred until the goods are sold or removed from the warehouse. This provides significant financial benefits for sellers dealing with goods subject to these charges.
Our Facility:
Covered Bonded Area: 54,000 sq ft
Open Bonded Area: 5,000 sq ft
Utilize our extensive and secure storage solutions to manage your imports effectively. Store your products safely while deferring duty and tax payments, and ensure they are well-protected with our comprehensive security measures. Choose our bonded warehouse for a cost-effective and secure solution for your import storage needs.
Products/Goods Details | Sensitive & Non-sensitive goods |
Service Location | Near Nhava Sheva Port (Navi Mumbai) |
Usage Application | Commercial |
Service type | Bonded Warehousing Services |
Service Quality | Standard Quality Service |
Type of Area | Covered / Open |
Warehouse Grade | A |
Products/Goods Details
Sensitive & Non-sensitive goods
Service Location
Commercial
Service type
Service Quality
Type of Area
Warehouse Grade
A
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