A Warehouse Withdrawal for Transportation (WDT) is an agreement that permits merchandise to be removed from a bonded warehouse at one port and transported in bond to another port, where a superseding entry will be filed. This arrangement allows for the movement of goods between ports while maintaining their bonded status, meaning that import duties and other taxes are deferred until the final destination port. WDT facilitates efficient logistics and trade operations by providing flexibility in transporting goods to alternate ports for further processing, distribution, or export. It enables cost savings by avoiding the need for immediate duty payment at the initial port of withdrawal and allows for streamlined customs procedures through the filing of a superseding entry at the destination port.

Read More:

Free Trade Agreements | Unlocking Opportunities | FreightAmigo