Bonded warehouse is controlled and supervised by

Q: Bonded warehouse is controlled and supervised by

Bonded warehouse is controlled and supervised by customs ✓ immigration navy police Explanation Customs controls bonded warehouses because they hold imported goods awaiting duty payment. Goods stay in bond until the importer pays all required taxes and duties. This ensures the government collects all customs revenue.

JAMB Commerce 2024 137 views

Source: JAMB · 2024

customs ✓
immigration
navy
police

Explanation

Customs controls bonded warehouses because they hold imported goods awaiting duty payment.

Goods stay in bond until the importer pays all required taxes and duties.

This ensures the government collects all customs revenue.

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