WarehousingWarehousing Depots Part IVA of the Customs Act.Depots Part IVA of the Customs Act. Sec 77g Provides the ability for Customs to Sec 77g Provides the ability for Customs to

approve an application for a Depot approve an application for a Depot Licence.Licence.

Sec 77K Conditions required for a Depot Sec 77K Conditions required for a Depot Licence holder.Licence holder.

Sec 77N General Conditions of a Depot Sec 77N General Conditions of a Depot Licence.Licence.

Sec 77P Imported goods held in a 77G Sec 77P Imported goods held in a 77G Depot must be removed from the depot by Depot must be removed from the depot by the end of the month after arrival in the the end of the month after arrival in the Depot.Depot.

Sec 77R Penalty for breach of conditions of Sec 77R Penalty for breach of conditions of Sec 77N, P or Q (50 Penalty points)Sec 77N, P or Q (50 Penalty points)

DepotsDepots All goods held in a Depot have not been entered in any All goods held in a Depot have not been entered in any

way.way. Imported goods can be unpacked from the import Imported goods can be unpacked from the import

container, or delivered from the Vessel or Aircraft, subject container, or delivered from the Vessel or Aircraft, subject to Cargo Automation clearance or a special permission.to Cargo Automation clearance or a special permission.

Imported goods may be examined under Customs control.Imported goods may be examined under Customs control. Currently Sec 77G Depots are not required to also be Currently Sec 77G Depots are not required to also be

Approved Quarantine Premises. This is being reviewed, Approved Quarantine Premises. This is being reviewed, however it will require a change to the Acthowever it will require a change to the Act

Imported goods can not remain within the Depot Imported goods can not remain within the Depot indefinitely.indefinitely.

Depot Licence holders must report cargo within the time Depot Licence holders must report cargo within the time frames required under TML.frames required under TML.

Licensed WarehousesLicensed Warehouses Sec 78 Provides definitions.Sec 78 Provides definitions. Sec 79(1) Licence issued to warehouse goods long term.Sec 79(1) Licence issued to warehouse goods long term. Sec 79(2) Licence issued Sec 79(2) Licence issued to warehouse goods to warehouse goods

generally, or of a specified class.generally, or of a specified class. Sec 79(3) Allows goods to be blended or mixed in Sec 79(3) Allows goods to be blended or mixed in

warehouse.warehouse. Sec 80 Application for warehouse licence conditions.Sec 80 Application for warehouse licence conditions. Sec 81 Requirements for persons or companies who Sec 81 Requirements for persons or companies who

apply for a warehouse licence.apply for a warehouse licence. Sec 92 Customs permit goods to be sorted bottled or Sec 92 Customs permit goods to be sorted bottled or

repacked in warehouse.repacked in warehouse. Sec 94 Goods not worth the Duty may be destroyed with Sec 94 Goods not worth the Duty may be destroyed with

permission from Customs.permission from Customs. Sec 95 Goods may be revalued if they have deteriorated Sec 95 Goods may be revalued if they have deteriorated

or been damaged whilst in warehouse.or been damaged whilst in warehouse.

Warehouse Special Warehouse Special PurposesPurposes

Sec 97 Warehoused goods may be taken out of Sec 97 Warehoused goods may be taken out of warehouse for exhibition, subject to suitable warehouse for exhibition, subject to suitable security being lodged.security being lodged.

Sec 98 Goods that are Manufactured in Sec 98 Goods that are Manufactured in Warehouse may be delivered for Home Warehouse may be delivered for Home Consumption provided Duty has been paid. Consumption provided Duty has been paid.

Sec 99 Goods entered for warehouse may be Sec 99 Goods entered for warehouse may be entered for Home Consumption or Export.entered for Home Consumption or Export.

Depot Vs WarehouseDepot Vs Warehouse Depot are only licenced for the short term holding of import Depot are only licenced for the short term holding of import

and export goods, including the examination for Customs and export goods, including the examination for Customs purposes.purposes.

Goods held beyond the permitted period are transferred to Goods held beyond the permitted period are transferred to a Sec 79(1) Warehouse as nominated in the depot Licence.a Sec 79(1) Warehouse as nominated in the depot Licence.

Goods may remain in a warehouse indefinitely, provided Goods may remain in a warehouse indefinitely, provided they are accounted for, and the value of the goods does they are accounted for, and the value of the goods does exceeds the Customs Duty payable.exceeds the Customs Duty payable.

Goods may be blended, re bottled or manufactured in a Goods may be blended, re bottled or manufactured in a licenced warehouse.licenced warehouse.

There are several classes of warehouse licence, whereas There are several classes of warehouse licence, whereas only one class of Depot licence.only one class of Depot licence.

Warehouse Entry TermsWarehouse Entry Terms WRN= Warehouse Reference Number, or the WRN= Warehouse Reference Number, or the

Nature 20 Entry Number.Nature 20 Entry Number. WUV= Warehouse Unit of Value, which Compile WUV= Warehouse Unit of Value, which Compile

calculates from the Customs Value and total calculates from the Customs Value and total quantity entered.quantity entered.

Customs Rates of Duty is not assessed until the Customs Rates of Duty is not assessed until the goods are entered for home consumption (Nature goods are entered for home consumption (Nature 30), therefore the Rate of Customs Duty is set by 30), therefore the Rate of Customs Duty is set by the date of Entry for Home Consumption Ex the date of Entry for Home Consumption Ex Warehouse.Warehouse.