Importers who do not have their own warehouses can keep their goods in these warehouses by paying nominal charges.

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KollegeApply · Accepted Answer

Bonded Explanation: A bonded warehouse is established under a bond with the customs authorities for the storage of dutiable goods until the payment of import duty. The owner of a bonded warehouse gives an undertaking not to release the goods until the customs duty is paid. Bonded warehouses are located in port towns and are licenced by the government.

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