GLOSSARY

Warehouse Entry

Documentation that allows imported goods to be stored in a bonded warehouse until duty is paid or goods are exported.

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What is Warehouse Entry?

Warehouse Entry is documentation that’s filed with customs to declare imported goods that will be placed in a bonded warehouse. A bonded warehouse is a secure facility where imported goods are stored without paying duties or taxes until they are withdrawn.

The Warehouse Entry must include:

Description of the goods
Quantity of the goods
Country of origin of the goods
Value of the goods
Name and address of the importer
Name and address of the bonded warehouse

When the warehouse entry is filed, the goods are placed in the bonded warehouse. The importer does not pay duties or taxes on the goods until they are withdrawn from the warehouse. However, storage costs and other fees are still going to apply.

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