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A bonded warehouse is a place for keeping

Commerce
WAEC 2010

A bonded warehouse is a place for keeping

  • A. contraband goods
  • B. dutiable goods
  • C. tax free goods
  • D. smuggled goods
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Correct Answer: Option B
Explanation

Bonded warehouse; is a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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