What are the differences between bonded warehouses, supervised warehouses, and ordinary warehouses? What are their characteristics?

What are the differences between bonded warehouses, supervised warehouses, and ordinary warehouses? What are their characteristics?

The cross-border e-commerce platforms currently in need mainly use various warehouses. Today we will mainly learn about bonded warehouses, supervised warehouses, and ordinary warehouses. These three types of warehouses are also used to store goods. What are the differences between them?

1. Bonded warehouse

Bonded warehouses refer to warehouses approved by the customs for the storage of imported goods, which are not subject to the Tariff Law and import control regulations. Imported goods stored in bonded warehouses can be modified, graded, sampled, mixed and reprocessed in the warehouses with approval. These goods are exempt from customs duties if re-exported, but must pay customs duties if they enter the domestic market. All countries have clear regulations on the storage period of goods in bonded warehouses. In addition to providing convenience for traders, the establishment of bonded warehouses can also promote re-export trade.

2. Customs supervised warehouse

A customs-supervised warehouse refers to a warehouse that stores import, export, transit, transshipment, customs clearance goods, bonded goods and other inbound and outbound goods that have not yet completed customs formalities, which are subject to customs inspection within the scope of customs approval.

In fact, it is also a type of bonded storage, which is similar to the function of foreign bonded areas. It is mainly used to store goods and luggage that are imported but will not be collected by the owner in the future, or goods that arrive without a license, with incomplete documents, incomplete procedures, or in violation of customs regulations. Customs will not release them and they need to be temporarily stored in a customs-supervised warehouse awaiting customs processing.

3. Ordinary warehouse

Ordinary warehouses are used to store general daily industrial products or agricultural and sideline products that do not require special storage conditions. The technical facilities of this type of warehouse are relatively simple, with only general equipment such as entry and exit, loading and unloading, handling, commodity maintenance, safety and fire prevention, but no special equipment such as insulation, refrigeration, gas conditioning, and anti-toxicity. Only commodities with relatively stable physical, chemical and biological properties that do not interfere with each other can be stored, such as department stores, knitwear, hardware, medical equipment, local products, etc.

Because general warehouses have strong adaptability and high utilization rate, they are the most widely distributed, largest proportion and most commonly used conventional warehouses in the commercial warehouse network.

The supervised warehouse is conducive to preventing the mixing of international and domestic goods as well as import and export goods. It has complete fire protection and safety measures.

What are the respective advantages of bonded warehouses, supervised warehouses, and ordinary warehouses?

Bonded warehouse goods are exempt from customs duties if they are re-exported, but they must pay customs duties if they enter the domestic market, which can save a lot of costs.

Ordinary warehouses are relatively cheap and are the most common type of warehouse. They are very suitable for the storage and transit of goods and are very popular among the public.

Ordinary warehouses cost less than bonded warehouses, but if the goods need to be stored for a long time, storing them in a bonded warehouse can save a lot of rental costs. If the goods stored in a customs-supervised warehouse are stored for more than 14 days without being declared, the customs will charge a late declaration fee.

This is the end of the introduction to bonded warehouses, supervised warehouses, and ordinary warehouses. If you want to get more information about bonded warehouses, supervised warehouses, and ordinary warehouses, please pay attention and we will continue to answer your questions~

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