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The Role Of Foreign Trade Zones In Aiding Chemical Logistics
FTZ or foreign trade zones are specially designated areas within a country wherein one can store, process, or manufacture foreign and domestic goods without worrying about paying customs duties, or taxes, and adhere to numerous other regulations. Foreign or free trade zones have become an integral part of the international supply chain channel for various industries, including the chemical industry. FTZ warehousing is deemed useful for providing chemical services in India, such as chemical storage and transportation. Chemical logistics can involve complicated procedures and may require a perfect understanding of the operations and the compliance needed to do successful business. FTWZ or free trade warehousing zones contribute majorly to the import/export of chemicals from and to India. Chemical exporters often ship their goods to reputed FTWZs and clear their stock from time to time according to their schedules. FTZ encourages quick clearances to reduce downtime and save costs.
Connect With Verified Players
To export chemicals to the Indian shores, you have to partner with foreign trade zone providers that can operate smoothly and safely, top-most players in the warehousing zones such as Onnsynex Ventures Pvt. Ltd can give the ultimate logistics solutions to your chemical service requirements in India. Their FTWZs are situated all over India in places like Gujarat, Delhi NCR, Chennai, and Mumbai.
Some of the primary reasons why chemical merchants choose free trade zones for their business operations are:
They gain duty-free storage
Chemical businesses can acquire tax-free export of inventory
They can avoid customs duty fees
They gain value addition to the import
Round-the-clock customs clearance facility
Payment can be made in any currency of their choice
Classy and high-end infrastructure and chemical storage facility
Regulation-free, safe, and well-built storage facility for export/import of chemicals
Sundry advantages of choosing free trade warehousing zones for chemical storage:
Saving Money
Cost saving is one of the main attractive features of free trade zone warehousing for businesses dealing in chemical goods. Most of the chemical spare parts, materials, components, and finished goods are liable to exorbitant import duties because of their risky nature. However, FTZs permit chemical companies to defer customs duty payments and related taxes till the time the goods are withdrawn from the warehouse for consumption in India. This means more cost savings and deferment in duties and taxes till the goods reach the domestic market. If the chemical products are re-exported from the warehouse, they will be exempt from all customs duties and taxes, which indicates more cost savings.
Increased Work Output
Free trade zones deliver quality chemical service in India that is streamlined and suited for their supply chain operations. FTZs offer great flexibility to manage and handle inventory to consolidate and deconsolidation activities. Companies dealing in chemical products can maximize their inventory management and thus cut down on transportation costs by uniting shipments before entering specific territories in India.
Global Trade Possibilities
Relating to chemical services in India, FTZs can open up new pathways of trade, mainly from a global perspective. Free trade zones in India can accelerate the re-exportation of chemical products minus the customs duties or taxes. FTZs also simplify trade between two or more different countries by aiding foreign chemical goods to enter the free trade warehouses for further processing or manufacturing. FTZs can also facilitate re-exporting the finished chemical products to other nations without paying customs or taxes. All these factors can motivate their expansion and global reach to survey new markets.
Greater Supply Chain Flexibility
The flexible nature of FTZ warehouses is quite commendable, goods or products stored in the warehouses can be held for a long period without bearing any extra customs duties or taxes. This helps companies to plan and manage inventory levels and quickly respond to the ever-evolving market conditions. This can bear fruitful results in the chemical industry setup, where the demand for certain chemical components can easily fluctuate depending on external factors such as regulatory changes, seasonal changes, and unstable customer needs.
Improved Customs Compliance
Foreign trade zones and chemical companies within the zones have to adhere to strict customs regulations and government laws to ensure proper functioning involving different procedures. This helps the chemical enterprises to maintain high-level customs compliance and lessen the risk of fines or retributions in case of non-compliance, which again can be crucial in a highly monitored industry like chemicals.
Chemical Industry - A Vast & Dynamic Industry
Chemicals have a vital role to play in many different sectors like the paint industry, manufacturing units, construction sector, agricultural segments, pharma industry, plastic industry, and many more. From producing pesticides for crops to meeting the daily requirements of the architectural sector, there are several types of chemicals that are imported into India.
Companies that export chemicals to India majorly focus on organic and inorganic chemical exports. Free trade warehousing zones offer a safe, secure, and intelligent platform when it comes to the import and export of chemical goods quickly without any complexities. The exporters can order freight services heading to a free trade warehousing zone (FTWZ) so that it can be cleared quickly as and when required. From faster clearances to minimum downtime (even a day), free trade zones are the best place to store your chemicals in a foreign land.
Warehousing Units by OnnSynex Ventures
Exporting chemicals to the Indian territory in connection with the chemical industry has grown in leaps and bounds over the years. Onnsynex Ventures Pvt. Ltd. with its advanced warehousing facilities has been providing chemical services in India to domestic as well as global chemical tradesmen. The chemical industry produces high-end items and products specifically for industrial usage.
Whenever you want to export chemicals to the Indian subcontinent, there are many smart ways to do it. OSV FTWZ offers the most credible solution for your chemical logistics requirements and duty-free storage spaces for all the international multinational chemical companies exporting goods to India. With decades of experience and great customer support services, OSV is your one-stop source indeed!
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Effectiveness Of Free Trade Zone In India
Free Trade Zone is an international trade concept that promotes and encourages global trade practices to enhance trade volume. It also improves relationships between nations and offers liberal benefits for improving the international trade economy. Our free trade warehousing zone benefits include duty deferment, tax benefits, better costs, and distribution medium. By re-exporting goods, our company empowers without burdening Indian customs and taxes on imported goods.
With an effective free trade zone in India, our clients can experience time and cost advantages and enable them with quicker and more effective value-added solutions such as repacking, re-labeling, kitting, and assembly to non duty paid goods.
FTWZ, or Free trade warehousing zone, is an initiative by India's government to improve India's economy. With customized facilities, exports and imports to India are increasing and enhancing foreign trade and investment. With advanced equipment and setup, companies can trade transactions in easily convertible currency.
Advantages of Free Trade Zone
Here is a list of FTWZ or free trade warehousing zones that can benefit businesses by enabling faster regulatory clearance and menacing flexibility, visibility, and minimum working capital expenses. It empowers businesses with the strategic geographical position that lets our clients leverage India’s cost and skill set for profit gains.
Safety
Our clients can benefit from the practical solutions we offer through our complex supply chain expertise and manage to reduce competition from the biggest competitors in the market. We have the best free trade zone in India that can fulfill our clients’ expectations and enhance their business opportunities.
Fast Delivery
We offer companies the safest and fastest delivery with our Air and Ocean Freight. We take benefit of every innovation to improve our strategies and target goals customized to our client’s needs.
24/7 Support
Our team at OSV is passionate and highly skilled in handling every situation for our clients. Our team is dependable for many multinational companies around the globe and is responsible for supporting businesses when in need. We offer 24/7 support to maintain customer satisfaction throughout the process.
Excellent Free Trade Warehousing Zone
OSV is a one-stop solution for all export and import challenges. We encourage and support cross-border and international trade, and our team is skilled in providing customized solutions for all needs. OSV Free Trade Zones can help companies trade as they are available in Delhi NCR, Gujrat, Mumbai, and Chennai. We can effectively ease trade between nations and their import and export operations with years of experience.
OSV has experience working with 192 countries across the globe and is the perfect option for companies that focus on reliability. Our advanced state-of-the-art infrastructure and the latest technology in warehouse zones and inventory control are worth the hype. We have a strong network and relationships with retailers, distributors, merchants, and many importers and exporters globally.
Our branches in Delhi NCR, Gujrat, Mumbai, and Chennai are well connected by rail, road, air, and sea routes. We operate with the highest standard warehouse equipment and offer tailored solutions for our client's problems to ensure customer satisfaction. We have years of experience and in-depth knowledge of the warehousing industry, and our end-to-end services are well-appreciated in international logistics.
Operation of Free Trade Warehousing Zone
Operations in Special economic zones bring a lot of benefits for the companies. The government designed these free zones to boost trade and encourage international relations with more imports and exports. FTWZ is a well-organized infrastructure to ensure the economic growth of the country. These are storage units and various value-added activities according to the customs law. Companies can store their goods safely until release without any duty or tax implications.
Free Trade Zones are suitable for minimizing taxes and effectively maximizing cash flow for business growth. We offer the best free trade warehousing Zone, and our most advanced equipment can offer practical and intelligent solutions to our customers. With superior connectivity through railways, roadways, and airports, we have a standard working efficiency and stand out from our competitors. Our well-executed, tailored solutions are dependable for clients in over 190 countries worldwide.
Aim of Free Trade Zone
At OSV FTZ, we guarantee world-class equipment and an effective team for management, IT solutions, and meeting our client's demands. We aim to provide 100 percent dedication to achieving our clients' satisfaction by providing unmatched services at the best prices and practical support. We focus on making clients stand out in a competitive market with our comprehensive range of value optimization services for domestic and international logistics.
OSV has clients worldwide in over 192 countries and offers Freight Forwarding solutions and free trade warehousing zones for top industrial and distribution centers. Our schemes and strategies are valuable and profitable for all our clients. We are experts in export and import management for India and can provide great value-added services that can save both money and time for our clients.
Best Free Trade Zone Solutions With OnnSynex
Combining experience and deep warehousing industry knowledge, OnnSynex successfully delivers national and international logistics services to global leaders. Our international operations are well structured and executed, with tailored solutions for clients' needs. We can effortlessly handle all sorts of cargo and freight goods quicker and safer than any other company.
Our end-to-end services make us stand out of the crowd, and with advanced equipment handling equipment, we deliver premium quality services with complete business transparency. We ensure on-time delivery with the fastest and most effective freight forwarding to maintain maximum customer satisfaction. Connect with our team to use our Free Trade Zone in India and experience the industry's best logistics services.
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Free Trade Warehousing Zone (FTWZ) Services in Chennai
Have you heard about Free Trade Warehousing Zone (FTWZ) ? if not here it is , Free Trade Warehousing Zone (FTWZ) or export processing zone (EPZ), also called a foreign-trade zone.Free Trade Warehousing Zones (FTWZs), a special category of Special Economic Zone, offer services such as speedy delivery of cargo and one-stop customs clearance capability at an affordable price.
Contact: 044-4804 4147 Website: https://heraldwls.com/free-trade-warehousing-zone-operations
#Heraldwls#HeraldwlsinChennai#HeraldwlsinIndia#LeadingLogisticsForwardingCompanyinChennai#LeadingFreightForwardingCompanyinChennai#InternationalFreightForwardersinchennai#WarehousingandLogistics#shippingandlogisticscompaniesinchennai#warehousingcompaniesinchennai#FTWZservices#freetradewarehousingservices#FTWZinchennai#FTWZservicesinchennai
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Timescan Logistics offer Bonded warehousing Services in Chennai, India. It is one of the best Warehousing Company with Bonded Services. Overseas businessman enjoys huge benefits by storing Goods and inventory in bonded warehousing.
#free trade and warehousing zone#free trade warehousing zone in chennai#ftwz chennai#ftwz india#ftwz services#container sales and rentals#bonded warehousing#fssai clearance#exim consultancy#wpc license consultnacy#bis consultancy
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Free Trade Warehousing Zone (FTWZ) is a Government allotted space for Warehouse at Special Economic Zone (SEZ). There are very FTWZ available in India. Park Goods in Free Trade and Warehousing Zone get more benefits when compared to the regular one. Timescan Logistics owns a warehouse in FTWZ Chennai with international standard Infrastructure. Import or Exporter who need to store goods in FTWZ India call +91 9840442322 / 9940030715 or Email to [email protected]
#Warehousing in India#FTWZ Chennai#Storage facility in India#warehouse rental services#godown for rent#warehouse Services#Special Economic Zone (SEZ)#Hazardous Goods Storage#Free Trade & Warehousing Zones#Free Trade Zone
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Through our Free Trade Warehousing Zone in Delhi NCR, Mumbai, Chennai, and Gujarat, we encourage Indian and foreign traders for foreign trade and warehousing in India.
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SHIPPING COLLEGE IN CHENNAI-St.Britto’s College
St. Britto’s College is an Institute of Career Oriented & Logistics Studies started in the year 2012. The Shipping College in Chennai offers Post Graduate degree / Undergraduate Diploma programmes of highly demanding and emerging fields.
In order to achieve their goal of being unique and progressive in the field of education, the college has a lot of innovative systems and facilities in place that have proved to be both creative and effective. Conscious efforts are made to inculcate reading habits and develop communication skills among the students.
The commitment of the college to the cause has led to spend huge amounts of resources, time and energy to ensure that the whole person of every youth is transformed. Therefore, it has chosen a team of efficient, committed, sincere and experienced staff to achieve their dream. They strongly believe in the Philosophy that “Form people to become competent than merely teaching”.
St.Britto’s College is situated in the verdant surroundings of Art of Chennai, about 5 kilometers from the Chennai International Airport. The Best Shipping and Logistics College in Chennai is well served by bus services and by Metro rail from all important locations in Chennai. Our mission is to empower the students with all the skills necessary to transform them into professionals by providing quality education in which greater emphasis is laid on practical training. And that is not all; we aim to constantly mentor and motivate the students to enable them to attain the highest levels of intellectual achievement for their wholesome growth.
The college has 2 departments, namely, Shipping & Logistics, Fashion designing offering UG, PG and Diploma career oriented courses.
Establishment of St.Britto’s College with uniqueness and difference in Chennai has been a long cherished desire and vision of SMR Educational Trust that has two decades of experience in the Field of education through St.Britto’s Group of Schools. St. Britto’s is now increasingly seen as a force to reckon with in business and Education.
We offer various Degree/ Master/ Diploma courses in Best Shipping & Logistics Management in Chennai. The course structure is designed in such a way to offer theoretical and practical exposure in various fields like SUPPLY CHAIN MANAGEMENT, CFS, ICD, WARE HOUSING, LOGISTICS AGENCIES, CONTAINERIZATION, FORWARDING, CUSTOM BROKING, CONSOLIDATION, SEA/AIR CARGO, FTWZ and other related areas. It helps students to acquire essential management skills and professional skills to meet out industry challenges.
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Xander acquires one million sq-ft in Chennai free trade warehousing zone
Xander acquires one million sq-ft in Chennai free trade warehousing zone
Current occupiers include companies like DHL, DB Schenker, Kerry Indev, TVS Supply Chain and Seaways Supply Chain. (Representative image) Singapore-based Xander Investment Management (Xander) on Wednesday announced that its industrial platform has acquired an additional 1 million square feet of warehousing space in free trade and warehousing zone (FTWZ) located in Sriperumbudur, near Chennai.…
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Xander acquires one million sq-ft in Chennai free trade warehousing zone
Xander acquires one million sq-ft in Chennai free trade warehousing zone
Current occupiers include companies like DHL, DB Schenker, Kerry Indev, TVS Supply Chain and Seaways Supply Chain. (Representative image) Singapore-based Xander Investment Management (Xander) on Wednesday announced that its industrial platform has acquired an additional 1 million square feet of warehousing space in free trade and warehousing zone (FTWZ) located in Sriperumbudur, near Chennai.…
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Avail the benefits of FTZ in India according to your business needs
FTZ in India plays a significant role in exporting and importing goods. In simple terms, FTZ or FTWZ is deemed to be a foreign territory wherein goods may be landed, handled, reconfigured, repackaged, re-exported, and many other customizations with minimal compliance.
FTZ in India is majorly situated around major depots, seaports, ICD’s, international airports, and national frontiers areas with many geographic benefits for trade. Also, there are such added-value services for domestic and foreign MNCs with a bonded warehouse. Moreover, this is the most convenient way of trading across the world.
The purpose of FTZs-
Of course, many traders, distributors, and merchant exporters are aware of the benefits of these zones. Just for the knowledge of new ones, we would like to share that these zones are made to ease the interferences to trade from a seaport, airport, or border.
Generally, foreign MNC’s are facing high tariffs and complex customs regulations when exporting goods to INDIA wherein FTZ’s are there to assist in that case. As a result, the exporting and importing of goods can be hassle-free and fast and these Free-zones are able to fabricate, refinish, and store goods freely.
Trusted FTZ in India is a class of special economic zone (SEZ) which is a deemed to be a foreign territory with Duty, Tax, and many other Value Added benefits. These zones are also referred to as duty-free areas which offer warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations.
In other words, we can define these zones as labor-intensive manufacturing centers too which are specifically involved in importing goods/ raw materials or components from foreign MNCs and the export of factory products. These zones also serve various service industries, including software, back-office operations, research, and financial services.
Types of FTZs-
When it comes to the sorts of free trade warehousing zones in India, they are divided into two types such as general-purpose and special purposes. You can choose one of them according to your needs and the types of activities you want to be performed.
General Purpose-
This is a kind of organized zone that can be utilized by multiple companies concurrently to store merchandise, equipment, parts, and other goods.
The most important thing is that foreign MNCs as well as domestic companies can able to lease a space and can take the advantages of reduced-cost, associated with space. So, it helps to reduce each company’s liability.
If you are importing or exporting finished products, parts, or components, and especially for a shorter length of time, then general purpose FTZs are the best option for you. You can able to evade the costs related to investing in a building, functioning, and maintaining a separate warehouse structure. It offers services such as packaging, inventory control, and other logistics services.
Special Purpose-
The main users of these zones are distribution facilities which are not closer to other industrial and commercial spaces. These zones are welcoming for large Multi-National companies and are considered as a cost-effective option for them.
These special-purpose FTZ’s will save your money and enhance productivity and output of your business. All you just need is to hire one of the best FTZ Players in India and submit a detailed application for approval.
Looking for one of the best FTZ Players in India? You can visit on www.onnsynex.com. OSV FTZ’s offers end to end logistics and 3PL services PAN INDIA. These services ranges from International freight forwarding, customs clearance, transportation, door delivery, general warehousing, FTWZ, 3PL, consultation, etc. OSV offers FTZ services in Noida, Mumbai, Chennai, and Mundra offering Cold storage, Temp Controlled storage, Block Storage, Palletized Storage, etc. at every of their facility.
#FTZ in India#FTZ Players in India#FTWZ#Free Trade Warehousing Zone#Free Trade Zone#Free Zone Corporation#Free Zone Establishment
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Take Advantage of Foreign Trade Zone in India for Your Import-Export Business
When moving, assembling, or processing imported goods, you may ensure substantial savings by opting for foreign trade zones. These zones are specially designated areas that are considered outside the territory of the country. Merchants can land, handle, store, and re-export goods in these zones without having to worry about customs duties and other taxes.
A free trade zone warehouse company in India can help you save on taxes and customs duties when importing products to India. OSV is one of the most sought-after FTZ warehouse providers in India that has its processing centers across Gujarat, Mumbai, Delhi, Noida, and other parts of India. Manufacturers, distributors, importers, and exporters can take advantage of the foreign trade zone warehouses of this company for importing their products.
The foreign trade zones, also called free trade zones, provide businesses with a unique opportunity to defer customs duties and taxes on your products that may help you ensure great savings. Customs duties come into effect only when your goods leave these zones and are moved to the local market for selling. However, if you don’t re-export the products, there’s no need to pay any duties or taxes.
One interesting fact about choosing the free trade zones for storing your imported goods is that duty charges only on the shipment that moves to DTA sales which means partial payment of duties is applicable. But if you keep the goods outside these zones, then you will have to pay import duty to each unit and all the parts that are associated with the import.
Typically, the foreign trade zones offer a wide range of benefits to businesses such as:
Save your money, time and avoid inefficiencies
Duty and Tax Deferment
Customs Duties apply only when imported goods are to be sold in the local market
Secured Confidentiality and Added Value
Just in Time Delivery Model Used
Temperature and Cold Storage Solutions
Would you like to save more with the FTZ in India? As a top-rated FTZ warehouse company in India OSV offers all these and many more benefits to merchants.
Contact +91 9599886350 to know more!
To know more visit at FTWZ in India – How You Can Put It to Work for Your Company
#FTZ Warehouse in India#FTZ in India#FTWZ#FTWZ in India#FTZ warehouse in Delhi#warehouse in Mumbai#warehouse in Chennai#warehouse in Gujarat#Foreign Trade Zone in India
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Ftwz services
We offer FREE TRADE and WAREHOUSING ZONE (FTWZ) services in INDIA, Which helps to reduce taxes. It is the Free-trade Zone, You just come and park Goods – don’t require an agent to sell your goods in India now. You can sell Goods FROM OVERSEAS DIRECTLY.
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Bonded warehousing
Park your Goods safe and secure in our Warehouse. We also offer Bonded warehousing services for importers with World class infrastructure facility available in India.
#free trade and warehousing zone in chennai#free trade and warehousing zone#ftwz service#ftwz india#ftwz chennai
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Free Trade and Warehousing Zone
Free trade warehousing zones are a category of special economic zones set up to improve logistics infrastructure and facilitate and promote cross-border and international trade. FTWZs serve as mega trading hubs with integrated logistics infrastructure such as special storage areas, world-class material handling equipment, container yards, inland container depot, customs office and commercial complex. Timescan Logistics is having professional custom officers on the site which enables the quick clearance of goods which also minimize the turn around time.
#fssai clearance#bonded warehousing#ftwz services#ftwz chennai#ftwz india#container sales and rentals#exim consultancy#wpc license consultancy#bis consultancy
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Fssai clearance
Fssai (Food Safety and Standards Authority of India) Clearance is essential for imported food products. When food items enter India for sales it must be authorized by Fssai Clearance. There are various norms to get imported food clearance. We have experts who provide guidelines for packaging label designing, clear your goods to get Clearance from Fssai without any trouble.
#fssai clearance#bonded warehousing#container sales and rentals#ftwz service#ftwz india#ftwz chennai
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Cargo Transportation
Our Cargo transportation services are widely appreciated by our clients and we have also received several positive responses for our timely services. We use the best vehicles for transporting the goods from one place to the other. As a result, we are reckoned as one of the best providers of road transport services in India.
#fssai clearance#bonded warehousing#free trade and warehousing zone#ftwz chennai#ftwz india#ftwz services
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