Wines in bond

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Wines in bond, or simply 'in bond', are purchased wines held in a bonded warehouse, which have not passed through customs, with no Duty and VAT paid on them.^[1]

Often, and merchants will buy wine in bond because it saves having to pay VAT and Duty on the wines if they are most likely going to be resold.^{[citation needed]} Under UK law, they must be stored in a bonded warehouse approved by HM Revenue and Customs.

See also[]

• Bonded warehouse
• Investment wine

References[]

External links[]

• The London Wine Cellar - Wine Bonds Guide

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