Customs warehouse
Also called: bonded warehouse · gümrük antreposu · antrepo
A place authorised by customs where non-Union goods can be stored without paying import duty and VAT until they are released for free circulation or re-exported. Public warehouses are open to any user; private warehouses are used by the holder of the authorisation. Storage time is generally unlimited in the EU.
In practice
Warehousing delays duty payment until goods are sold locally and avoids it altogether for goods re-exported, which suits distribution hubs.
EU
Türkiye
USA
UKRelated terms
- Special procedures
- The procedures other than release for free circulation and export: transit, storage (customs warehousing and free zones), specific use (temporary…
- Free zone
- An enclosed area within a customs territory where non-Union or foreign goods can be stored, handled or processed without import duty being charged…
- Temporary storage
- The status of non-Union goods from the moment they are presented to customs until they are placed under a procedure or re-exported. Goods are kept in…
- Customs guarantee
- Financial security, such as a cash deposit, bank guarantee or surety undertaking, provided to ensure payment of a customs debt that has arisen or may…