A free-trade zone provides duty deferred storage benefits on goods up to five years and also ensures quality control, safety, and distribution of your products before the payment of tax. At Stockarea, we are helping businesses to find the best suitable space in Free trade zone across India. Talk to our expert and book your space today.
A free trade zone, owned and defined by the government of India allows a manufacturer to import, export or re-export dutiable goods without the interference of serviceable taxes.
Manufacturer, importers or exporters can leverage the benefits of a Free-Trade Zone. For the import of goods to India, an importer needs to pay taxes that get paid in a lump sum amount. A free-trade warehousing zone allows storage and management of taxable goods, and the customs duties can be paid once the product is out for delivery, just like a bonded warehouse.
A free trade zone consists of warehouses by various privately or publicly held organisations which offer services just like general warehousing.
These zones are thoughtfully located and networked with facilities that increase the efficiency of the overall supply chain. In India, the benefits of Free-Trade warehousing zone are:
In India, many new opportunities get lost because it is often hard to cover-up for the inefficiencies that lay in the warehousing and storage sectors. Hefty tariffs and customs duty compels a business to focus more on cost reduction.
Stockarea warehousing marketplace helps businesses to book their storage space in a free-trade zone online. It is easy to explore from different options on Stockarea warehousing marketplace and connect directly with the warehouse manager for discussing your storage space and service requirements in a Free trade zone.Explore warehouse network