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 A bonded warehouse is a secure facility where imported goods are stored without paying duties or taxes until they are withdrawn.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:
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 The importer does not pay duties or taxes on the goods until they are withdrawn from the warehouse.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.
Related articles:
CPSC Customs Hold: What it is, How to Resolve it, and More