Customs Warehousing is a customs procedure in Ireland that allows importers to store goods from outside the EU in a licensed customs warehouse without paying import duties or taxes until the goods are released for circulation. This procedure is ideal for storing large shipments, consolidating goods, or carrying out activities like labeling, repackaging, or quality inspections while deferring duty payments. Importers must obtain authorisation from the Irish Revenue Commissioners and ensure proper record-keeping, security, and financial guarantees for the goods in storage.