Bond Wine
Wines in bond or simply in bond are purchased wines held in a bonded warehouse which have not passed through customs with no Duty and VAT paid on them.
Bond wine. The majority of our wines can be purchased In Bond. The enduring vision at Bond is to create a portfolio of wines that are diverse in their geographic representation and grand cru in quality all under the umbrella of one philosophy one facility and one mark. Stores and prices for Bond St Eden Napa Valley prices stores tasting notes and market data.
Bond Street Wines was established in 2005 out of a love of wine and the traditions that bring people together. We source wines from across the world that are produced by the top growers and winemakers in the industry in order to bring you wine that is as authentic and passionate as you are. A youthful dark purple colour with bright edge.
A portfolio of wines that are diverse in their geographic representation and Grand Cru in quality all under the umbrella of one philosophy one team one mark. Essentially the purpose of a wine bond has been to ensure that the TTB can collect on its excise tax revenues in the event a permit holder flakes or has a significant loss due to an accident. The Bond is created to honour Peter and his promise.
If you choose to store your wine under bond duty and VAT will only be due once you withdraw the wine and take delivery. Displaying aromas of mocha and aniseed with a fullbodied palate generous with toasted oak and vanilla notes derived from time maturing in barrel. What a TTB wine bond is not.
Bond has since received its own considerable critical recognition with multiple wines having been rated 100 points by Robert Parkers Wine Advocate. VAT is a flat 20 on top of the purchase price not the current value plus the duty. It is with control that year after year the house produces a wine that is consistent in style flavor and quality.
Wines that are sold in bond have not had the duty and VAT also known as sales tax paid on them. Wine duty is a fixed charge and remains the same regardless of the cost of the wine. This is one of the most popular wines from Napa Valley.