Business Services-1 — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMBusiness Services-13 Marks
Question
“ Bonded warehouse are a blessing for re – export”. – Explain.
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Answer
Some times it so happens that a person has no capacity to pay excise on goods he has imported.
The goods are kept in the godown which are known as bonded godowns , they are near seaports and front where the goods are imported.
These type of godowns offers various services such as repacking of good in big or small size with retaining of its quality and property and it is classified the goods too.
The imports. As per order received from foreign countries without paying excise duty exports goods. Thus , bonded godowns are a blessing for importers for re – export.
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