Private customs warehouse

Also called: private warehouse · özel antrepo

A customs warehouse reserved for storage of goods by the holder of the warehousing authorisation, who is also usually the warehouse keeper. It suits companies storing their own non-Union goods, such as distributors holding stock before sale.

In practice

A private warehouse lets a company defer duty until goods are sold into the market, but it must manage stock records to customs standards.

Applies to: EUTürkiyeUK

Related terms

Customs warehouse
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…
Public customs warehouse
A customs warehouse available to any person for storing goods. Under the UCC there are three types: type I, where the warehouse keeper bears…
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Turkish legislation classifies customs warehouses into types identified by letters, distinguishing public warehouses that any person may use from…

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