General Order (GO)
A GO is a warehouse where merchandise not entered within five working days after the carrier’s arrival is stored at the risk and expense of the importer. The GO may be used by customs brokers to clear cargo or by manufacturers to store goods.
The GO offers an alternative to storing goods in a bonded warehouse. A bonded warehouse is a customs term referring to a warehouse where merchandise entered into the country is stored and duty is not paid until the goods are removed. The GO offers importers a more cost-effective solution for storing goods than a bonded warehouse.
The GO is also known as a public store. A public store is a government-owned warehouse where merchandise may be stored without payment of duty or other taxes. The GO offers manufacturers an opportunity to store goods in a government-owned facility at no cost.
- The GO may also be used by exporters to store goods while they are waiting for transportation to their final destination.
- The GO offers shippers an option for storing goods outside of the port area. The port area is the geographical location where goods are received and loaded onto a vessel for export.
The GO is an important part of the global supply chain. It helps to ensure the timely flow of goods and reduces the cost of storage.