This video will explore how SAP Global Trade Services can support the implementation and operations of a customs warehouse or Bonded Warehouse. We will look at an example of import into a customs warehouse with later re-export of the same products.
- You can achieve significant savings with a customs warehouse since the duties are deferred until the goods leave the warehouse.
- It provides more time to complete the legal paperwork needed for import, especially for restricted goods.
- It can also increase flexibility when shipping internationally, including avoiding duties altogether for goods that are re-exported.