A bonded warehouse is a place for keeping

COMMERCE
WAEC 2010

A bonded warehouse is a place for keeping

  • A. contraband goods
  • B. dutiable goods
  • C. tax free goods
  • D. smuggled goods

Correct Answer: B. dutiable goods

Explanation

Bonded warehouse; is a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.



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