Question

What are benefits of bonded warehouses to the government?

Answer 1

Benefits of bonded warehouse to the government include;

• Source of revenue
• Used to control the entry of harmful products into the country
• Government is able to control the quality of goods entering the country
• Government is able to verify documents of goods on transit
• The government is able to inspect the nature or type of goods imported
• Government is able to check on illegal goods entering the country