Foreign goods stored in the bonded area can be exported freely, without paying import duties, only paying storage fees and a small amount of fees, but if they want to enter the customs territory, they need to pay customs duties. Free trade zones in different countries have different time regulations. If the overdue goods have not gone through the relevant formalities, the customs has the right to auction them. After the auction, after deducting relevant expenses, the balance will be returned to the owner.
Extended data:
Enterprises in the bonded area enjoy the right to engage in international trade freely. Goods entering and leaving the bonded area are exempted from import and export duties and simple customs management procedures are implemented.
characteristic
1, the implementation of closed management, that is, the customs implements closed management of the bonded area, and overseas goods enter the bonded area to implement bonded management.
2. Implementing some concepts of "domestic customs clearance", goods entering the bonded area from other parts of China are like leaving the country.
3, the implementation of a number of customs, foreign trade, foreign exchange management and other special management, the relevant departments of the bonded area to implement relatively preferential policies and convenient management.
4. Implement the development strategy of growing with the port. Most of China's bonded zones are located in the port area, and there are 15 bonded zones located in the port area, or near or in the port area.