TMI BlogTrading & Manufacturing Businesses: Save Money on Imports!X X X X Extracts X X X X X X X X Extracts X X X X ..... Trading & Manufacturing Businesses: Save Money on Imports! X X X X Extracts X X X X X X X X Extracts X X X X ..... 319;𝗼𝗻𝘁 💸 𝗖𝗮𝘀𝗵 𝘀𝘁𝘂𝗰𝗸 𝗳𝗼𝗿 𝗺𝗼𝗻𝘁𝗵𝘀 𝗯𝗲𝗳𝗼𝗿𝗲 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 Then, they learned about 𝗙𝗿𝗲𝗲 𝗧𝗿𝗮𝗱𝗲 𝗪𝗮𝗿𝗲𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝗭𝗼𝗻𝗲𝘀 (𝗙𝗧𝗪𝗭𝘀)-and everything changed. By using an FTWZ: ✅ 𝗡𝗼 𝗻𝗲𝗲𝗱 𝘁 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 120316; 𝗽𝗮𝘆 𝗰𝘂𝘀𝘁𝗼𝗺𝘀 𝗱𝘂𝘁𝘆 𝗶𝗺𝗺𝗲𝗱𝗶𝗮𝘁𝗲𝗹𝘆 ✅ 𝗖𝗮𝘀𝗵 𝗳𝗹𝗼𝘄 𝗶𝗺𝗽𝗿𝗼𝘃𝗲𝗱 ✅ 𝗘𝗮𝘀𝗶𝗲𝗿 𝘁𝗼 𝘀𝘁𝗼𝗰𝗸 𝗴𝗼𝗼𝗱𝘀 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝗲𝘅𝘁𝗿𝗮 𝘁𝗮𝘅 If you are in 𝘁𝗿𝗮 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 120305;𝗶𝗻𝗴 𝗼𝗿 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 and don't buy everything just-in-time, 𝗙𝗧𝗪𝗭𝘀 𝗰𝗮𝗻 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂 𝘀𝗮𝘃𝗲 𝗺𝗼𝗻𝗲𝘆 𝗮𝗻𝗱 𝗺𝗮𝗻𝗮𝗴𝗲 𝗰𝗮𝘀𝗵 𝗯𝗲𝘁𝘁𝗲𝗿. 𝗛𝗼𝘄 𝗙𝗧𝗪𝗭𝘀 𝗛𝗲𝗹𝗽 👇 1️⃣ & ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #120284;𝗺𝗽𝗼𝗿𝘁 𝗶𝗻𝘁𝗼 𝗙𝗧𝗪𝗭 & 𝗦𝗲𝗹𝗹 𝘁𝗼 𝗗𝗼𝗺𝗲𝘀𝘁𝗶𝗰 𝗕𝘂𝘆𝗲𝗿𝘀 (𝗗𝗧𝗔) ✔ No customs duty or IGST at the time of import-pay only when selling ✔ Goods sold to DTA are treated as imports (𝗯𝘂𝘆𝗲𝗿 𝗽𝗮𝘆𝘀 𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗗𝘂𝘁𝘆, 𝗻𝗼𝘁 𝘀𝗲𝗹𝗹𝗲𝗿) Ϩ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4; Buyers can save on Customs Duty under 𝗔𝗱𝘃𝗮𝗻𝗰𝗲 𝗔𝘂𝘁𝗵𝗼𝗿𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗼𝗿 𝗘𝗣𝗖𝗚 ✔ No need for 𝗳𝗼𝗿𝗲𝗶𝗴𝗻 𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 from DTA buyers ✔ Foreign suppliers selling from FTWZ don't need 𝗚𝗦𝗧 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 ✔ 𝗕𝗲& ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #120320;𝘁 𝗳𝗼𝗿 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝘄𝗵𝗼 𝘀𝘁𝗼𝗰𝗸 𝗴𝗼𝗼𝗱𝘀 𝗯𝗲𝗳𝗼𝗿𝗲 𝘀𝗲𝗹𝗹𝗶𝗻𝗴 2️⃣ 𝗜𝗺𝗽𝗼𝗿𝘁 𝗶𝗻𝘁𝗼 𝗙𝗧𝗪𝗭 & 𝗦𝗲𝗹𝗹 𝘁𝗼 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗙𝗧𝗪𝗭 𝗼𝗿 𝗦𝗘𝗭 ✔ 𝗡𝗼 𝗖𝘂& ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... #120320;𝘁𝗼𝗺𝘀 𝗗𝘂𝘁𝘆 𝗼𝗿 𝗚𝗦𝗧 when moving goods between FTWZs & SEZs ✔ Payments must be made in 𝗳𝗼𝗿𝗲𝗶𝗴𝗻 𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 ✔ 𝗚𝗼𝗼𝗱 𝗳𝗼𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗺𝗮𝗻𝗮𝗴𝗶𝗻𝗴 𝘀𝘁𝗼𝗰𝗸 𝗮𝗰𝗿𝗼𝘀𝘀 𝗺𝘂𝗹𝘁𝗶𝗽𝗹 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6; 𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻𝘀 3️⃣ 𝗜𝗺𝗽𝗼𝗿𝘁 𝗶𝗻𝘁𝗼 𝗙𝗧𝗪𝗭 & 𝗥𝗲-𝗲𝘅𝗽𝗼𝗿𝘁 𝘁𝗼 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗖𝗼𝘂𝗻𝘁𝗿𝘆 ✔ 𝗡𝗼 𝗖𝘂𝘀𝘁𝗼𝗺𝘀 𝗗𝘂𝘁𝘆 𝗼𝗿 𝗚𝗦𝗧 on re-exports ✔ Payments must be made in 𝗳𝗼𝗿𝗲𝗶𝗴𝗻 x ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 304;𝘂𝗿𝗿𝗲𝗻𝗰𝘆 ✔ 𝗕𝗲𝘀𝘁 𝗳𝗼𝗿 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗯𝘂𝘆𝗶𝗻𝗴 𝗶𝗻 𝗯𝘂𝗹𝗸 𝗮𝗻𝗱 𝗲𝘅𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗹𝗮𝘁𝗲𝗿 4️⃣ 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝗳𝗿𝗼𝗺 𝗗𝗧𝗔 𝘁𝗼 𝗙𝗧𝗪𝗭 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 𝗿𝘁 ✔ Treated as 𝘇𝗲𝗿𝗼-𝗿𝗮𝘁𝗲𝗱 𝘀𝘂𝗽𝗽𝗹𝘆 under GST (No GST applicable) ✔ DTA suppliers can 𝗰𝗹𝗮𝗶𝗺 𝗚𝗦𝗧 𝗿𝗲𝗳𝘂𝗻𝗱𝘀, 𝗱𝘂𝘁𝘆 𝗱𝗿𝗮𝘄𝗯𝗮𝗰𝗸 & 𝗲𝘅𝗽𝗼𝗿𝘁 𝗶𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 ✔ 𝗕𝗲𝘀𝘁 𝗳𝗼𝗿 𝗺𝗮𝗻𝘂ҳ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 07;𝗮𝗰𝘁𝘂𝗿𝗲𝗿𝘀 𝗲𝘅𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗶𝗻 𝗯𝗮𝘁𝗰𝗵𝗲𝘀 FTWZs don't just save tax-they 𝗵𝗲𝗹𝗽 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗺𝗮𝗻𝗮𝗴𝗲 𝗰𝗮𝘀𝗵 𝗳𝗹𝗼𝘄 𝗯𝗲𝘁𝘁𝗲𝗿. Now, when someone talks about 𝗰𝗮𝘀𝗵 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝘀𝘁𝘂x ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 304;𝗸 𝗶𝗻 𝗱𝘂𝘁𝗶𝗲𝘀, Rahul and Meera simply say: "If you're not using an FTWZ, you're losing money!" X X X X Extracts X X X X X X X X Extracts X X X X
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