KEY HIGHLIGHTS ON V-Unit Logistics FREE TRADE WAREHOUSING ZONE
- Foreign entities are allowed to operate in the Free Trade Warehousing Zone
- Dedicated customs compliance setup available
- Period of storage of goods without duty payment for five years subject to country regulations (As long as TVS Letter of Approval is valid)
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Payment of duty and compliance to allied activities only when the goods move out of Free Trade Warehousing Zone into Domestic Tariff Area (DTA)
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Duty deferment for the goods stored in Free Trade Warehousing Zone
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Value-added operations permitted within our Free Trade Warehousing Zone
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Ease of re-exports and re-import. No duty is involved for the Import/re-export of goods from Our service
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Multi-user facility with experienced shared resources resulting in zero CAPEX for customers
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Possibility of using this facility as a regional hub. Permits operations of the Vendor Managed Inventory.
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Elimination of customs activities of bonded warehouses
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Movement of goods from customs gateway port basis a trans-shipment procedure without examination by customs, in turn decreasing customs process lead time
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Duty can be paid online through the E-payment portal online
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If rework/repair required for goods in Free Trade Warehousing Zone, on temporary removal basis, goods can be taken out of Free Trade Warehousing Zone without duty payment