TYPES OF WAREHOUSES

  • Ordinary warehouse: This is the type of warehouse rented by wholesalers where their goods are kept until they are needed and sold to the prospective consumers.
  • Bonded warehouse: Is a place where government keeps goods that are liable for duties.
  • State Warehouse: Is a place where contraband goods or goods seized by custom officers are kept until they are auctioned to the public or destroyed. It is also known as queen’s warehouse.

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