FTWZ - Benefits

• Tax Benefits : Income tax (section 80IA) and Service Tax exemptions for developers and users of the zone ~ reduces logistics costs for users of the zone.
  
  
• Duty Deferment Benefits : Custom Duty deferment benefits for products requiring longer storage time.
  
  
• Excise Duty Exemptions : Excise duty exemption for products sourced from the domestic markets, including goods, spares, DG sets, packing materials, etc.
  
  

• Single Product Storage Facilities : Assist in meeting specific warehousing requirement for each product category e.g. different sections for storage of tea and coffee, etc.
  
  
• Shared warehousing : Availability of temporary storage facilities to enable users to meet short term demand without incurring significant costs (e.g. leasing space for a year to meet 2/3 months demand)
  
  
• Shared Equipments : Ability of users to save on capital investments by leasing equipments provided by the zone.
  
  

• Delivery Time : Reduction in custom clearance time and better logistics connectivity leading to improved delivery time.
  
  
• Support Facilities and Effective Management : Provision of efficient management services and international expertise along with support facilities such as banking, insurance etc.
  
  

• Export oriented
  
  
• FDI inflow
  
  
• Employment potential.
  
  
• Competitiveness of industries
  
  
• Attractiveness of support/ancillary industries
  
  
• Boost to all-round economic activity