One Stop Solution for Your International Business

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

It allows to import/export to and from India with benefits of duty deferment, tax benefits, cost efficiency and better distribution channels. It also empowers to re-export goods from India without the burden of Indian duties and taxes that are otherwise levied on goods once brought to India (DTA). It additionally offers clearances not only in parts and portions but also with value additions such as re-packing, re-labeling, bottling, demonstration, QC, testing, kitting, consolidation, de-consolidation palletization, etc.

The zone is established strategically to offer time-and-cost advantage by enabling quicker regulatory clearances, tax and duty incentives, flexibility, visibility and reduced working capital expenses. It also lets you leverage India’s cost and skill arbitrage, and empowers you with its strategic geographical position.

Safe & Secure

You benefit from our experience in delivering effective solutions to the complex global supply chains of some of the world’s biggest corporations.

Fast Delivery

You benefit from every innovation, whether it involves a simple extension to our Air and Ocean Freight products, whether it means a development in warehousing.

24/7 Support

All of which explains why you’ll find the team of outstanding support at TransCargo ready to apply their passion for solutions in support of your business.

FTWZ - An Overview

DUTY FREE IMPORT!

The scheme envisages duty free import of all permissible goods for warehousing.

PAY DUTIES ONLY WHEN SOLD IN DTA!

The warehoused Goods can be sold to DTA and the Duty applies only upon clearance and that too on desired quantities only.

TAX AND OPERATIONAL BENEFITS TO FOREIGN ENTITIES!

Accessibility to operate in India without any licensing and creating any Tax Liabilities in India.

TENURE OF STORAGE!

The non duty paid goods are permissible for storage up to THREE years without any
duties, interests or Taxes.

SECURED CONFIDENTIALITY & ADDED VALUE!

Packing or re-packing with processing and labeling can be done on Non-custom duty paid goods as per customer’s business model or marketing requirements.

NOW IN INDIA!

An internationally accepted and appreciated facility now available at a prime locations in India additionally offering its cost, labor, geographic and skill advantages

INTERNATIONAL INFRASTRUCTURE!

The facility offers a state of the art infrastructure for its clients to vouch for with an amazing range of benefits

CONSOLIDATION & DECONSOLIDATION HUB!

Can be treated as a consolidation center for trader exporters to bring in goods from multiple vendors and countries and also gain logistics and Tax benefits or to de-consolidate imports and release partially.

Who Benefits with OSV FTWZ?

International Traders

International Traders who want to keep seller’s and buyer’s info confidential.

International Airlines

International Airlines Company that wants to keep their valuable spare parts for long time without any obligation and timely retrieval

Foreign Suppliers

Foreign Suppliers who doesn’t have any entity in India but want to set up an international transit warehouse for Indian and Overseas markets.

Bulk Importers

Bulk Importers of Medicine, Medical Equipment, Polymers,Chemicals, Machinery, Spares, Fabrics, Lining, Fusible Interlining, Hangers, White goods, Electronics & Electric products, Packaged Food Items, Cosmetic items, etc.

Indian Importer

An Indian Importer having IEC & GST number.

Traders & Foreign Buyer

Traders & Foreign Buyer Consolidators of Indian goods for Export purpose.

International Automobile Company

International Automobile Company that wants to keep their spares & parts.

Display / Demonstration / Exhibition

Looking to Import cargo for Display / Demonstration / Exhibition etc.

CBW V/S FTWZ : A Comparison

Functions Customs Bonded Warehouse OSV Free Trade Warehousing Zone
  Requirement of Import Export code
Requirement of Import Export code Mandatory Not Required
  Requirement of GST number
Requirement of GST number Mandatory Not Required
  Prior Bill of Entry to be filed
Prior Bill of Entry to be filed Mandatory Mandatory
  Permissible Cargo for warehousing
Permissible Cargo for warehousing Foreign Cargos Only Foreign & Domestic Cargos
  Paper work and Delay
Paper work and Delay Complex and delays may occur Simple and express clearance
  Prior NOC
Prior NOC MANDATORY relevant Participating Agencies Not Required
  Customs Bond
Customs Bond Triple Duty Bonds required for all warehouse entries from consignee Not Required
  Payment of Duty
Payment of Duty Duties are due prior to release from bonded warehouse Payment of Duty is only for & applicable at the time of DTA Clearance
  Interest on Applicable Duty
Interest on Applicable Duty 15 % (P.A) applicable after 90 Days on Duties Not Applicable
  Storage Period
Storage Period Maximum up to 3 MONTHS (extendable only on payment of interests limited to 1 year) 3 YEARS (extendable up to 5 years)
  Permitted Activity
Permitted Activity Sorting and Repacking only after cumbersome procedures & special permissions Labeling, Re-labelling, packing, re-packing, kitting, consolidation, de-consolidation, Testing, Bottling, Palletization, etc. is freely permissible
  Insurance
Insurance Limited Comprehensive
  Acceptable payment against Sale
Acceptable payment against Sale Indian Rupee only Foreign Exchange and Indian Rupees
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