1.0 Background of the Study Primarily used by manufacturers, exporters, importers, wholesalers and transport businesses, a warehouse refers to a commercial building that serves as the storage place for goods. These warehouses are usually large plain buildings in industrial areas of cities and towns and are equipped with loading docks, cranes and forklifts. Goods on which the duties are unpaid and stored under agreement and suretyship are stored in bonded warehouses, however. Bonded warehouses store goods which are under joint custody of the importer and the customs officer. These bonded warehouses are usually managed by the state or by private enterprises, but with the requirement to post customs bond with the government for the latter. Goods that are being stored in the bonded warehouses are liable to duty and are lodged until the duty has been paid. For importers, duties should be accomplished at the time of importation. The system of bonded warehousing has se...