Customs Entry |
No entry required |
Entry required to admit goods into warehouse |
Permissible Cargo |
Foreign and Domestic Goods |
Foreign goods only |
Duties |
Only upon entry into the U.S. market |
Owed prior to release of goods from the bonded warehouse |
Storage Period |
Unlimited |
May not exceed five years |
Permissible Activity |
Clean, repack, sort, destroy, grade, label, assemble,manufacture, exhibit, and co-mingle with other freight (foreign and domestic) |
Clean, repack and sort under CBP supervision |
Waste |
Duty is only paid on items leaving the FTZ into U.S. market for consumption |
Duty is due on all waste and/or damaged goods |