Free Trade Zone Warehouse In India - PowerPoint PPT Presentation

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Free Trade Zone Warehouse In India

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When foreign companies establish operations within an Free trade zone in India, it allows them to import goods into India duty-free. Cutting taxes and duties provides a certain amount of financial freedom/opportunity costs to international companies doing business in India. – PowerPoint PPT presentation

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Date added: 23 May 2024
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Title: Free Trade Zone Warehouse In India


1
FREE TRADE ZONE INDIA
FOR OVERSEA SUPPLIERS
Address
Website
Email
A.P-491, 'J' Block, 11th Street, Anna
Nagar,Chennai 600040. Tamil Nadu, India.
www.astromarfreezone.com
sales_at_astromarfreezone.com
2
ASTROMAR FREE ZONE
Astromar Free Trade Warehousing Zone is one of
the fastest growing and most cost-effective Free
Trade Warehousing Zone in Chennai. Our facility
near Chennai's sea gateways is dedicated to
facilitating Foreign Trade and Warehousing Zone
(FTWZ) operations.
3
A ???????? ?????????? ???????? (??????) is an
international concept that allows both Indian and
foreign entities to conduct business in India
without needing registration / permanent
establishment, thus avoiding compliance and tax
hassles.
OVERSEA SUPPLIERS CAN TAP IN TO INDIAN MARKET
Foreign suppliers can enter indian market through
Free trade Zone without any permanent
establishment in india
4
USING A FREE TRADE ZONE (FTZ) WAREHOUSE IN INDIA
FOR STORING GOODS CAN OFFER SEVERAL ADVANTAGES
FOR BUSINESSES ENGAGED IN INTERNATIONAL TRADE.
Duty and Tax Advantages
  • Goods stored in an FTZ are often exempt from
    customs duties and taxes until they are
    officially imported into the country. This can
    lead to significant cost savings, especially for
    high-value or high-volume goods.

Deferred Customs Duties
  • Customs duties are deferred until the goods leave
    the FTZ and enter the domestic market, improving
    cash flow as businesses dont have to pay duties
    upfront.

Facilitated Customs Procedures
  • Some FTZs allow for manufacturing and processing
    activities within the zone. This flexibility is
    advantageous for businesses looking to assemble
    or process goods before entering the domestic
    market.

5
USING A FREE TRADE ZONE (FTZ) WAREHOUSE IN INDIA
FOR STORING GOODS CAN OFFER SEVERAL ADVANTAGES
FOR BUSINESSES ENGAGED IN INTERNATIONAL TRADE.
Storage and Distribution Efficiency
  • FTZ warehouses are strategically located near
    ports and transportation hubs, facilitating
    efficient storage, distribution, and
    transportation of goods, which can result in
    quicker turnaround times for shipments.

Facilitated Customs Procedures
  • Customs procedures within FTZs are typically
    streamlined, reducing bureaucratic hurdles and
    paperwork, leading to faster processing times for
    imports and exports.

Market Entry and Testing
  • FTZs can serve as a testing ground for market
    entry strategies. Businesses can store goods in
    the FTZ, assess market demand, and make informed
    decisions before fully committing to the domestic
    market.

6
Using an FTZ warehouse in India offers duty and
tax advantages, deferred customs duties,
streamlined procedures, efficient storage,
flexible processing, and global supply chain
integration.
By leveraging the benefits of FTZs, businesses
can optimize their operations, reduce costs, and
improve their competitive edge in the global
market.
THANK YOU
Email
FTZ Location
Website
Sriperumudur kondakarai
www.astromarfreezone.com
sales_at_astromarfreezone.com
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