Storage of goods on which excise duty has not been paid in an excise warehouse
A business can store duty-paid alcoholic beverages and alcoholic beverages on which excise duty has not been paid. In general, businesses such as off-licences and restaurants will have duty-paid products in storage. But if a business wants to store or trade in products on which the excise duty has not yet been paid, it must have an excise warehouse. Strict administrative and organizational demands must be met by a physical place or building to receive a licence for an excise warehouse and security must be provided to customs in the form of a bank guarantee. Production may also take place within an excise warehouse, provided that a separate licence has been granted for this purpose.