What is the difference between bonded and licensed warehouse?

Bonded Warehouse is the same as Zero-GST Warehouse. A Bonded Warehouse/ZGS Warehouse is approved to store imported non-dutiable goods, with the Goods and Services Tax (GST) suspended, in a designated area licensed by Singapore Customs. Whereas, the Licensed Warehouse is approved to store imported dutiable goods, namely liquor, tobacco, motor vehicles and biodiesel blends, with the duty and GST suspended, in a designated area licensed by Singapore Customs.
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