Monday, October 14, 2019

What Is the Customs Warehouse In Logistics Management?

What Is the Customs Warehouse In Logistics Management?


When talking about logistics management, International trade must be taken into account, specifically foreign-directed trade. That is why an important part of the trade is knowing a customs warehouse, which are different models of enclosures that are controlled by customs and that allow operations to be imported and exported under optimal conditions during their execution.

These customs warehouses are located in the national territory, authorized by the administration and under the control of customs. They allow the storage of goods with the possibility of subjecting them to certain authorized operations and benefit from a series of benefits such as exemption from import taxes such as tariffs or VAT, among others; being able to take advantage of them any merchandise not legally restricted, or technically due to the limitations of the deposits, whether they come from a third country, community or even national.

What Is the Customs Warehouse In Logistics Management


The different types of customs warehouses that exist

A customs deposit is public when the warehouse can be used by anyone, or private if they are reserved for the exclusive use of the holder. One of the most prominent reasons for the use of these warehouses is mainly of a financial type since, while the goods are in them they are tax-free, offering complimentary special services or maintaining a larger the stock of the product and at the same time avoiding high costs of infrastructure and administrative that entails.

There are different types of customs bonded warehouse

· The temporary storage warehouse (ADT) is an enclosure where the stored goods can remain for a maximum period of 45 days for shipments from maritime traffic and 20 days for other traffic.

· The public customs warehouse (DAP) is an enclosure where goods can be without time limitation until they are cleared.

· The non-customs warehouse (DDA) is a fiscal warehouse that allows operations to purchase goods from importing or distributing companies without having to pay VAT at the time of purchase, avoiding the payment of the same during their stay in the warehouse.

· And finally, the tax deposit is an enclosure that is duly authorized and authorized, where products subject to excise duties such as hydrocarbons, alcoholic beverages, and tobacco can be stored and, where appropriate, converted into a suspensive regime.

The customs deposit is a highly profitable tool in actions aimed at international trade of intermediation. But, in recent years and due to the economic crisis, many companies have chosen to outsource this type of service since, in this way they convert fixed costs into variables.

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