Disadvantages of bonded warehouse to the government.
Answer Text: Disadvantages of bonded warehouse to the government.-Lack of full control of the public warehouses which are privately owned and managed.-Illegal goods can enter the country through bonded warehouses which are under private ownership.-Misinterpretation or misunderstanding by owners of bonded warehouses of government requirements on imports may cause serious effects on trade in the country.-Maintaining employees of customs and excise departments which controls the bonded warehouses is expensive.-when there is unclaimed goods in-bond, losses are incurred in government owned bonded warehouses.-When the customs officials are not committed to their duty, substantial imports may enter into the country without payment of customs duty
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