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Purpose of FTWZ


WHY FTW
FTZs can help businesses reduce production, transaction, and logistics-related costs by lowering effective duty rates, allowing special entry procedures, and encouraging production closer to market.

PURPOSE OF FTW?
Free Trade Warehousing Zone is a Special Economic Zone wherein mainly trading and warehousing and other activities related thereto are carried on. It is a deemed foreign territory within the geography of India for the purpose of tariff and trade.

For Imports For Exports For Re-Exports
Flexibility towards end distnbufion in India Products from India entering the FTWZ are treated as deemed export providing immediate benefits to suppliers Service tax exemption on all activities conducted inside the FTWZ including rental & labor
Duty deferment benefits (freeing up working capital & increasing sales) Local Tax Exemption (i.eZero Rated IGST) on designated activities like packaging material for VoS carded inside the Zone Exemption from custom and stamp duty on Products imported into FTWZ meant for re-export out of India
Quality control capability prior to duty-payment Compliance to Export quotas of different categories. Supply into FTWE being treated as deemed exports Income tax rebate on profit earned though export transaction (where applicable)
Exemption of GST on purchases and on all semices for FTWZ operations, including transportation Increased efficiency through lowered reverse logistics through quality control before dispatch from India Hassle-free re-export process
Availability of Temperature controlled area for medicines & other human consumption Products if required Foreign exchange transactions capability Permission of 100%F0I for the set-up of units
Reduced buffer stocks, lowered product costs, foreign exchange transaction capability Increasing supply chain efficiendes (fonvard reverse) enhancing capital cash flow. Ability to leverage India's cast, skill & geographic positioning advantage as a hub for regional/global distribution post Value Optimiing Services.