These wines are then stored in Bonded Warehouses and can be continually sold to other customers without VAT and Duty, until finally somebody would like to take it out of Bond and it is at that point that the VAT and Duty will be paid. They will pay the VAT and Duty on the final selling price.
From an investment point of view ‘In Bond’ is preferred. The bonds are cool so perfect conditions to store wine and the provenance of the storage can easily be traced.
Delivery costs vary depending on which Bonded warehouse you want the wines sending to.
We have our wines stored at LCB Vinothèque and there would be no charge for delivery if you also stored your wines at LCB Vinothèque.