ANNUAL APPLICATION for STATE BONDED WAREHOUSE Form

Instructions and help about ANNUAL APPLICATION FOR STATE BONDED WAREHOUSE

customs or bonded warehouses have a designated area controlled by customs authorities used solely for imported goods these goods are exempt from duties taxes and other customs charges until they leave the warehouse this special procedure is beneficial to companies that use distribution centers cass is a highly configurable platform providing end-to-end support for customs warehousing procedures it connects to the relevant custom system in the respective country for declarations filing cast links your stock records to your export declaration and import declaration maintaining an audit trail of the movement of goods and stock records complete with dashboard views and detailed reporting on shipment statuses documentation and time stamps in order to use customs warehousing you need to obtain an authorization from customs authorities the authorization date reference number and applicable jurisdiction are all added as master data and casts and supplied to the relevant customs authorities eac