customs and excise warehouse

customs and excise warehouse
A warehouse separately approved for the deposit of goods liable to customs duty and excise duty. HM Customs & Revenue Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Customs — Cus‧toms [ˈkʌstəmz] also customs noun [uncountable] ORGANIZATIONS 1. the government department responsible for collecting the tax on goods that have been brought into the country and making sure that illegal goods are not imported or exported: •… …   Financial and business terms

  • Customs officer — A customs officer is a law enforcement agent who enforces customs laws, on behalf of a government. Contents 1 Hong Kong 1.1 Mission 1.2 Values 2 United Kingdom …   Wikipedia

  • warehouse — A warehouse that is exchange approved for delivery. Chicago Mercantile Exchange Glossary A place approved by HM Customs and Excise for the storage of goods without the payment of certain duties or taxes which would normally be due on those goods …   Financial and business terms

  • customs warehouse — A place approved by HM Customs and Excise for the storage of goods without payment of import duty. Import VAT is also suspended during storage of warehoused goods. There are several different types of Customs warehouse. While most approvals are… …   Financial and business terms

  • warehouse keeper — The person in charge of a warehouse. A bonded warehouse also has a warehouse officer, employed by HM Customs and Excise, to inspect goods entering and leaving the warehouse …   Big dictionary of business and management

  • distiller's warehouse — An Excise warehouse approved by HM Customs and Excise under Section 15 of the Alcoholic Liquor Duties Act 1979, for the storage of the spirits produced at a distillery. A limited range of operations, such as racking, can be carried out in a… …   Financial and business terms

  • tax warehouse — A warehouse authorised by HM Customs and Excise for the deposit, without payment of duty, of goods liable to excise duty. There are special requirements for premises for the storage of oil. HM Customs & Revenue Glossary …   Financial and business terms

  • Bonded warehouse — A Bonded warehouse is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.[1] It may be managed by the state or by private enterprise. In the latter case …   Wikipedia

  • bonded warehouse — A place approved by HM Revenue & Customs for the deposit, keeping and securing of goods liable to excise duty, without payment of that duty. This term is often applied to a Customs Warehouse: incorrectly, since no bond is usually required for… …   Financial and business terms

  • Netherlands, The — officially Kingdom of The Netherlands byname Holland Country, northwestern Europe. Area: 16,033 sq mi (41,526 sq km). Population (2002 est.): 16,142,000. Capital: Amsterdam; Seat of Government: The Hague. Most of the people are Dutch. Languages:… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”