Bonded warehouse is used for the given purpose.
It provides following benefits to the business community
(i) From such warehouse an importer can take delivery of goods in full on in small lots by paying proportionate duty.
(ii) It provides all facilities necessary for making the goods ready for sale.
The goods kept in such warehouse are safe for long time.
(iv) The goods can be inspected by the prospective buyers at the bonded warehouse.
(v) It facilitates entrepot trade. The importer need not pay the import duty and can apply for its refund too. He can simply keep them in the bonded warehouse and re-export them whenever he desires.