What is bonds stores?

Bond stores, also known as duty-free shops, are retail stores located at international airports or other border crossings where customers can purchase goods without paying the normal taxes and duties that are typically applied to imported goods.

Bond stores sell a wide variety of products, including tobacco products, alcohol, perfumes, cosmetics, electronics, and souvenirs. These products are available at relatively low prices, since they are sold without the additional taxes and duties that make up a large portion of the cost of imported goods.

The products sold in bond stores are typically manufactured in other countries and are intended for sale in other markets. However, when these products are purchased in a bond store, they are technically considered to be exported, since they are leaving the country in which they were purchased.

Bond stores are popular among travelers, particularly those who are about to embark on long international flights, since they provide a convenient opportunity to purchase duty-free goods. However, they are subject to various rules and regulations regarding the purchase and transport of goods across national borders, so customers should be aware of these requirements before making purchases at a bond store.