term goods bonded help what is
Meaning of bonded goods. What is it: imported goods for which no customs duties were paid so far.

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Definition bonded goods

BONDED GOODS title: bonded goods (SLL) (SAP Library - Glossary)
BONDED GOODS category: Global Trade Services (SLL)
BONDED GOODS explained:

Goods under customs supervision.

The importer stores the imported goods for which no customs duties were paid so far, for example, in a customs warehouse usually after he has deposited a type of security at the customs authorities. The security, for example in types of guarantees or bonds, ensures that the duty will be paid when and if the goods are withdrawn for domestic sale and transferred into customs procedures for free circulation.

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