Free Trade Zones, storage warehouses and Government schemes for re-exporters.

Free Trade Zones
Licensed And Zero-GST Warehouses
Government Schemes

Free Trade Zones

• Free Trade Zones (FTZs) are designated areas in our air and seaports where duties and Goods and Services Tax (GST) are temporarily suspended for the imported goods.

• You only have to pay the duties and taxes when the goods leave the FTZs and enter into customs territory for consumption. All dutiable goods can be stored in the FTZs except for liquors and cigarettes.

• If you import goods to export (re-exporting), then FTZs can help your cash flow greatly as you do not have to pay duties and GST on the imports.

• You should be aware that goods that arrive by rail and road are not deposited into FTZs and are subject to duties and taxes.

See:	Free Trade Zones (FTZs)back to top

Licensed And Zero-GST Warehouses

• You can store dutiable goods in Licensed Warehouses so that GST and duties payable for the goods would be suspended until the goods are removed from the premises and brought into the local market for consumption.

  See:	Licensed Warehouses

• You can store non-dutiable goods in Zero-GST Warehouses so that GST payable for the goods would be suspended until the goods are removed from the premises and brought into the local market for consumption.

  See:	Zero-GST Warehousesback to top

Government Schemes

• If you are importing mainly to re-export, you can tap into the Major Exporter Scheme (MES).

See:	Major Exporter Scheme (MES)

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