Mana Wine’s expert wine services now include storage at tax-free bonded warehouses in the New York and New Jersey metro, expanding major cost-savings.
What is a bonded warehouse?
A bonded warehouse is a storage facility that possesses a special designation from US Customs that allows imported goods to be stored tax/duty free before the importing party takes possession of those goods.
What are the benefits of storing at a bonded warehouse?
Storing wine and liquor at a bonded warehouse allows you to postpone when you will pay taxes on those imported products: no duty tax for importing and no value-added tax from sales. Whether you need more time to finish importing documents, meeting legal requirements, or waiting for a deal to go through, you can store it at our local facility and take possession of the product when you need it.
Are bonded warehouses appropriate to store wine and liquor?
There are bonded warehouses that store imports tax-free but not the appropriate facilities for certain types of products like wine. And, of course, there are non-bonded warehouses that have the proper conditions to store wine and liquor. Mana Wine is unique in that if offers both – a temperature and humidity-controlled facility that offers the tax benefits of a bonded facility.
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