SEZs, established under the Special Economic Zones Act, 2005, are designated geographical areas aimed at promoting exports and generating employment. These zones provide various incentives and facilities to businesses, including duty-free import of capital goods and raw materials,...

A free trade zone in Chennai is a facility in an area that the Indian government classifies as being outside of the Indian customs territory, despite the location remaining within the borders of the country. Such free trade zones are mostly located near the customs and border...

Let’s just start off by saying that free trade zone warehouses are known for providing immense benefits in multiple operations to all kinds of industries. That’s why there is growing popularity of such ftwz in India, especially covering the Delhi and Mumbai zones. If you have your...

There are several steps taken by the Indian government to promote international trade and business development in the past few years. Significant among these is approving the FTWZ India to various private players across the country. A free trade zone provides a wide range of special...

Every consignment that is shipped from a foreign land to another is subject to certain taxes, fees, and customs duties as per the laws governing the import-export trade in the importer country. These taxes and fees have a direct impact on the overall cost of the merchandise or raw...

If you are an importer/exporter to India and wonder if using a free/foreign trade zone in India is a good idea or not, you must read this article to know all the amazing benefits the free trade zones have to offer and why OSV should be your choice if you are looking for the same. But...

Electronics export to India invites roughly 18% GST. The merchants who receive these goods in India are liable to pay other customs duties and taxes. The fees and taxes add to the overall costs of electronics exports and merchants have to pay them as soon as the consignment lands in...

Suppliers across the world and Importers in India are almost always concerned about the additional costs they have to bear in the guise of customs duties and taxes which are mandated on importing and/or exporting anything to/from India. If you have been paying hefty customs duties on...

So you’ve decided to grow your business in India, but do not know how? Do you start from scratch? Or do you choose to go through India’s Foreign Trade Zone (FTZ) process? Whether you’re well-versed in international business and trade or a complete beginner, FTWZ in India may be...