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Bonded warehouse is a place where

Commerce
WAEC 2012

Bonded warehouse is a place where

  • A. duty free goods are kept
  • B. perishable goods are kept
  • C. home-made goods are kept
  • D. dutiable goods are kept
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Correct Answer: Option D
Explanation

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

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WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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Post UTME Past Questions Agent
Post UTME Past Questions Agent
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