Definitions for "In bond"
A term applied to merchandise admitted temporarily into a country without payment of duties, either for storage in a bonded warehouse or for trans-shipment to another point where duties will eventually be imposed. Français: En dépôt Español: Bajo control aduanero
Name for shipments that are cleared through Customs, traveling in a sealed container, to an in bond warehouse. The shipment is then cleared by the Customs Broker prior to delivery.
Goods are held or transported In-Bond under customs control either until import duties or other charges are paid, or to avoid paying the duties or charges until a later date.