Bonded warehouse is a place where
COMMERCE
WAEC 2012
Bonded warehouse is a place where
- A. duty free goods are kept
- B. perishable goods are kept
- C. home-made goods are kept
- D. dutiable goods are kept
Correct Answer: D. dutiable goods are kept
Explanation
Bonded warehouse is a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.
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