Warehouse Entry

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Warehouse Entry

The entry of bonded goods into a country. Bonded goods are stored in a location where they may be kept without payment of tariffs or other duties for a certain period of time. Warehouse entry allows goods to be kept in a place where they may be cleaned, repackaged or even completed. Upon being granted warehouse entry, importers have a given period of time (such as five years) to pay the tariffs and remove the bonded goods. See also: Bonded warehouse.