https://www.taxtmi.com/article/detailed?id=13030 FTWZs, established within the SEZ framework, permit importers and traders to store, process, re export and sell goods without payment of customs duty or IGST until clearance to the Domestic Tariff Area, with DTA sales treated as imports and duty/GST payable on entry. FTWZ units enable value added activities, long storage tied to a Letter of Authorization, foreign currency settlement for cross zone and re export transactions, and masking of purchase value to DTA buyers. Customs Bonded Warehouses provide duty deferral until domestic clearance and duty waiver on export but have stricter limits on activities, storage period, and compliance obligations. en-us Thu, 17 Oct 2024 13:19:30 +0530 Thu, 17 Oct 2024 13:19:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13030 FTWZs, established within the SEZ framework, permit importers and traders to store, process, re export and sell goods without payment of customs duty or IGST until clearance to the Domestic Tariff Area, with DTA sales treated as imports and duty/GST payable on entry. FTWZ units enable value added activities, long storage tied to a Letter of Authorization, foreign currency settlement for cross zone and re export transactions, and masking of purchase value to DTA buyers. Customs Bonded Warehouses provide duty deferral until domestic clearance and duty waiver on export but have stricter limits on activities, storage period, and compliance obligations. Articles Customs - Import - Export - SEZ Thu, 17 Oct 2024 13:19:30 +0530 https://www.taxtmi.com/article/detailed?id=13030