Free Trade Warehousing Zone

Nbyte Enterprises PVT LTD provide services at Free Trade Warehouse Zone / FTWZ  and it means that we can offer our clients the benefits of operating in a Free Trade and Warehousing Zone. This allows our clients to take advantage of tax and duty deferment for substantial periods, reduce logistics costs and allows exemption of duties and local taxes for transit shipments through FTWZ.

Once the goods are received at the FTWZ under the registration of Nbyte Enterprises Pvt Ltd, they are legally deemed to be within the possession of our foreign client’s warehouse.

Click Here to find out diffrence between FTWZ and Bonded Warehouse.

Procedure of FTWZ

For DTA (Domestic Tariff Area) Shipment through FTWZ: In a Domestic Tariff Area (DTA), businesses are required to pay import duties and taxes on goods as soon as they enter the area. This means that clients storing goods in a DTA have to cover these costs immediately, unlike in a Free Trade Warehousing Zone (FTWZ) where they can defer payment until the goods are ready to leave for their final destination. This key difference can result in significant cost savings for clients utilizing FTWZ facilities.

For Transit shipment through FTWZ: When goods are in transit through a Free Trade Warehousing Zone (FTWZ), they enjoy a unique advantage. These goods can be stored in the FTWZ without incurring import duties and taxes, even if they’re not the final destination. This flexibility allows businesses to temporarily house goods without the immediate financial burden of customs duties and taxes.

For Consolidation shipment and General shipment through FTWZ: When using a Free Trade Warehousing Zone (FTWZ) for consolidation shipments, goods can be stored without paying import duties and taxes, even if they’re not at the final destination. This arrangement is particularly beneficial for companies involved in international trade, as it minimizes costs and simplifies logistics. Goods can be consolidated and organized within the FTWZ while awaiting further transportation to their ultimate destination. Plus, the streamlined customs clearance and efficient transportation infrastructure within the FTWZ further expedite the transit process, making it cost-effective and efficient for businesses.

Export

Export from Single Manufacturer

Export from Multiple Manufacturer for Consolidated Shipment

Import

Import from Single Overseas Supplier

Import from Multiple Overseas Supplier

Value added services at FTWZ: Over 66 VAS are authorized inside FTWZ like sorting, kitting, labelling and many other operations.

• Packaging and Repackaging: Packaging and repackaging services to meet specific product requirements or prepare goods for export.
• Labeling and Barcoding: Services for labeling, barcoding, and compliance with international standards to meet export regulations and market demands.
• Printing of Labeling and Barcoding: Printing of labels and barcode as per client requirements.
• Customs Clearance Assistance: We offer dedicated teams or partners that specialize in customs clearance processes. This ensures a smooth and efficient customs clearance for import and export activities.
• Inventory Management: FTWZ provide advanced inventory tracking systems and technology are available to help businesses manage their stock efficiently. This includes real-time monitoring, order processing, and reporting.
• Quality Control and Inspection Assistance: Quality control checks, inspections, and compliance checks to ensure products meet regulatory and customer requirements.
• Cross-Docking: Efficient transfer of goods directly from inbound to outbound transportation, minimizing storage time and handling costs.
• Distribution and Transportation: FTWZ is strategically located, making ideal distribution hubs. We provide transportation services to move goods to their final destinations.
• Documentation Services: Assistance with documentation, including import/export licenses, permits, and compliance paperwork.
• Security and Surveillance: Enhanced security measures and surveillance systems to protect goods from theft or damage.

And many more services on client’s request.

Overall, by being registered in the Nhava Sheva Business Park-FTWZ, the company can offer its clients significant cost savings and streamlined logistics processes. This can make the company a more attractive option for clients who are looking to reduce their overall supply chain costs and improve their logistics efficiency.

Overall Illustration of FTWZ

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