FTWZ -
Free Trade & Warehousing Zone
what is ftwz?
The FTWZ is a distinct category of SEZ (Social Economic Zone).
This zone is administered by the provisions of the SEZ act and rules. FTWZ is known as the foreign territory. They function as the International Trading Hubs that carry out activities such as trading, warehousing, and other value-added services ranging from packaging, labeling to polishing and blending.
objective:
The importance and benefits of FTWZ are ample. The main reason is to promote trading related infrastructure to generate import and exports. Right technique is applied to carry out the fumigation process.
concept:
FTWZ would be a key link in logistics and global supply chains – serving both India and the globe as international trading hubs, hassle – free– transactions of imports, exports, and value added services.
Key benefits
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Duty-free transshipment of import cargo to FTWZ
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Seamless exports
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Round the clock custom clearance
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One Stop Clearance of Import and Export clearance
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Tax benefits
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Duty determent unlocks working capital
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Exemption from payment of special additional duty of Customs for traders
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Exemption from payment of service tax on authorized operations if exported
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Duty drawbacks and other benefits are available when goods supplied from DTA to FTWZ
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No import duty payable on imported goods when re-exported to third countries
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Temporary removal of cargo for exhibition without duty
ABOUT OUR FTWZ FACILITY
Location & Accessibility
Near Chennai in Sriperumbudur, Tamil Nadu. Located along main freight and industrial axis of the National Highway 4.
Proximity to International Gateways
32 kms to Chennai Airport, 38 kms to Chennai Seaport, 319 kms to Bangalore Airport and 646 kms to Hyderabad Airport.
Customs Clearance
The FTWZ offers in-house customs clearance for all industry sectors which saves precious time for suppliers.
Expansive Storage Area
With 80,000 sq. ft of storage area. Lom India's warehousing space can store all your cargo safely and securely.
Value Added Services
01
Package management
02
Quality check
03
Reverse logistics
04
Kitting of CKD and SKD kits
05
pick and pack, kitting
06
Bar-coding
07
Labelling
and re-labeling MRP
08
Bottling
10
Polishing
11
Display