Customs Warehouse: Definition
A customs warehouse is a warehouse where goods are stored under customs supervision and security. They are stored in designated places and are not subject to import duties and taxes until they are designated a final regime.
The type of entry into the customs warehouse mainly depends on the final destination of the goods and the commercial needs of the importer
Types of customs warehouses
There are basically five types of customs bonded warehouses:
Private warehouse
This type of warehouse is owned and operated by the company in which its imported or manufactured goods are stored. Goods from the port are received here and then distributed, for example, to various stores in the retail chain.
Public warehouse
Here, everyone can store their goods for import, export, manufacturing and distribution. Businesses use these facilities to address their short-term distribution needs. When there is no more space in the retailer's warehouse, excess goods can be stored in public warehouses.
Automated warehouse
Many warehouses have been modernized thanks to advances in computer and robotics. They use the latest technology to operate faster and more efficiently. The level of mechanization can range from small conveyors that move goods from one area to another to fully automated warehouses. Automation reduces labor and operating costs. It also simplifies functionality, making warehouses run faster, smoother, and generally have fewer bugs.
Temperature controlled warehouse
Many products require special handling; these include products such as computer equipment, sensitive electronic parts, frozen foods, produce, and flowers. To keep these shipments in ideal condition, make sure your warehouse offers air-conditioned and humidity-controlled space within your specifications.
Distribution center
This type of warehouse helps distribution companies receive products from various suppliers and then ship them to their customers. The point here is not storage, but reorganization and movement. Goods entering a distribution center can be broken down, aggregated or reprocessed, ready to be shipped to a store or customer.
Advantages of customs warehouse
As a major benefit, we highlight the advantage of being able to store goods without paying import duties and taxes until a final regime is specified for their transport.
Also comment on the improvement in the quality of customer service as it makes it easier for the company to get inventory and you will enjoy greater lead time efficiency.
On the other hand, another advantage to consider is cost savings for the company.
- Configuration files and operations of customs warehouse:
- Custodian: is the person in charge who is authorized to manage deposits.
- Depositor: A person who is bound by a statement incorporated into the system, or who has been assigned the rights and obligations of the previous system.
- Representative: Represents any of the above (the depositor or depositor) and provides statements related to the deposit.
- Customs Control: Customs control of the warehouse in question depends on it.
- Inventory accounting: A set of records for operations on stored goods: entry, exit...
- Transfer between warehouses: The transfer between two commodity warehouses related to the system.
- Declaration/Information: A communication from the depositor, custodian or representative, where appropriate, to the relevant customs office.