Multiple choice

A warehouse licensed to accept imported goods for storage before payment of customs duty is known as

  1. Public Warehouse

  2. Bonded Warehouse

  3. Private Warehouses

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

This is the right answer because it is the warehouse in which the storage facilities are provided for the imported goods before payment of customes duty, by the importer of such goods. These warehouses are owned by dock authorities. These warehouse work under supervision of the custom authorities.

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