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<h1>Warehousing bond requirement ensures importer guarantees payment of duties, interest and penalties on warehoused goods.</h1> Importers of warehoused goods must execute a warehousing bond as security for compliance with customs law and for payment of duties, interest and penalties; an Assistant or Deputy Commissioner may allow a general bond for multiple imports, prescribed security must also be furnished, bonds continue despite transfer to another warehouse, and transferees must execute a bond and provide security on transfer.