In-Bond is a term used to describe goods that are held or transported under customs control. This means that the duties or other charges associated with the goods have not been paid yet, and may be due at a later date. In-Bond goods are usually handled by a third-party logistics provider, who will ensure that the proper customs procedures are followed.
There are several reasons why someone might choose to ship goods In-Bond:
- Sometimes it is done to avoid paying duties or other charges until a later date.
- Other times it may be necessary in order to comply with trade regulations.
- In any case, In-Bond shipments must be carefully monitored in order to avoid any delays or problems at customs.
If you are shipping goods In-Bond, be sure to work with a reputable third-party logistics provider who can help you navigate the complexities of customs procedures.