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...

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...

The FTZ Warehouse In India or the Free Trade Warehousing Zone is stated to be a specialized category of the special economic zone. If you want, you can opt for the stand-alone FTWZ or can lean towards the demarcated area within sector-based or multi-product specific SEZ. Most of the...

A new age of smartness has taken over the world of international business & trade and we are a part of that movement. Much unlike the old times, companies no longer manage everything on their own. They have chosen the easier cost-effective way – business outsourcing with...

Customs duties and taxes are a big pain for merchants involved in international trading for import-export. Whether you import pharma products, cosmetics, food items, apparel, or others, you can easily defer taxes and customs duties with FTWZ in India. To begin with, let’s understand...

While we hear a lot about many benefits and great returns on investment in the trade of import/export, there are challenges also that cannot be overlooked. Importing-exporting goods, raw materials, etc. are subject to losses caused by damaged or rejected goods. Other than this, there...

Importing goods is easy today, thanks to the seamless connectivity across the globe. However, the real challenge lies in bearing the hassles of the transit plus the taxes & duties that accompany each consignment. For example, when importing goods to India, you need to bear in...

Importing or exporting goods is a task full of challenges – from packaging to ensuring quality, keeping them intact during transit, and more. While a lot of businesses find import-export a painstaking job, they are also concerned about the liabilities that are a part and parcel of...

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...

Import/Export to/from India or in most countries across the world attracts multiple taxes, fees, and customs duties. These add up to the overall cost of the merchandise, raw materials, and finished goods being imported or exported. Sometimes, importing fragile goods turns out to be a...