Definition
A licensed facility where goods can be stored without paying duties/VAT until they are cleared for local consumption. Operators require a SARS licence, and goods held in bond are under Customs control. Duties only become payable when goods are removed for home consumption.
Frequently asked questions
What is Bonded Warehouse (SOS/OS)?
A licensed facility where goods can be stored without paying duties/VAT until they are cleared for local consumption. Operators require a SARS licence, and goods held in bond are under Customs control. Duties only become payable when goods are removed for home consumption.
Which glossary terms are related to Bonded Warehouse (SOS/OS)?
Bonded Warehouse (SOS/OS) is a supply chain & warehousing term in the South African import/export industry. Related terms in the same area include 3PL (Third-Party Logistics), 4PL (Fourth-Party Logistics), ABC Analysis, Bonded Logistics, Break Bulk — each has its own plain-English definition in the TradeCaravan glossary.