BENEFITS

Free Trade Warehousing is an international concept formulated to promote global trade practices and enhance trade volumes and relationships between nations & offer liberal benefits and convenience to its International trade economy.

Duty-Free Storage : Customer can store goods after de-stuffing from container(s) in a covered warehouse without paying any customs duty, GST, or any other taxes.

100% Retention of Ownership of Goods by Foreign Companies : Foreign companies can retain 100% ownership of the cargo stored in FTWZ thereby avoid the risk of Non Payment or Claims from Buyers.

Expeditious Custom Clearance : Hassle-Free Single Window Clearance of Cargo available at FTWZ (Noida Special Economic Zone)

Save Import Detention & Demurrage : Import Cargo can be directly unloaded in the Warehouse and empty containers be returned to the shipping line thereby saving Detention and Demurrage on Imports.

Hassle-Free Re-export : As goods are stored without paying applicable custom duties in India, exporting to other countries will not involve the process of duty refund, making it fast and easy.

Effectively Managing Working Capital : Free up working capital & Increase Sales with Duty, GST & Other Taxes deferment. Goods can be cleared by payment of duty in small lots as desired. This helps in holding stock without involving working capital in form of customs and GST.

Reduction in Financial Pressure : Financial pressure on the Indian subsidiary is reduced because trading stock remains in the books of the foreign company as long as they are stored in FTWZ as a result finance cost of goods can be reduced as International Banking norms of Libor rate shall be available.

Time Efficiency : Shorter delivery period as Goods are just one day in transit from Foreign Company to Indian company being stored in FTWZ which is a deemed Foreign Territory. In addition, the warehouse can be accessed as a display center to show the quality of goods to customers before making sales.

Quality Control : Quality control ahead of duty payment, avoid duty payment on damaged, rejected goods and mitigate reverse logistic price..

Value-Added Services : Availability of all value-added services, including Import Custom Clearance, Logistics, Handling, Repacking, Rebranding, Relabeling, Re-Export, Export Clearance, Freight Forwarding & any other services required by Customer.

Trade-in Free Convertible Currency : Flexibility to trade and transact in free convertible currency.

Multiple Transfers at Low Cost : Multiple transfers of ownership are entitled in FTWZ without removal of any goods ensuring that there is no cascade of indirect taxes and prevents raise in transaction charge.

Exhibition Goods without ATA Carnets or Bank Guarantees : Exhibitor clients can transfer their exhibits through the FTWZ unit without any requirement of ATA carnets or bank guarantees.

Ample Free Time : Imported goods can be kept without paying customs duties for up to 3 years, after which goods can be re-exported to any other country or sold in India with payment of applicable customs duties.

Transportation Service : We provide transportation from Gateway Sea Port to FTWZ & from FTWZ to the final destination (last-mile connectivity).