A Customs Bonded Warehouse is a secured facility authorized by customs authorities where imported goods can be stored without immediate payment of duties and taxes. Duties are deferred until the goods are released for domestic consumption or re-exported. Bonded warehouses are commonly used for high-value, bulk, or re-export cargo, offering cash flow advantages to importers. Goods stored under bond remain under customs supervision and must comply with strict inventory controls. This arrangement supports trade flexibility and international distribution strategies.