FREEZONE BASED WAREHOUSING

Advantages of Freezone Based Warehousing

Below are some of the primary advantages of Freezone Based Warehousing offered by OWS through its facilities in JNPT SEZ & Mundra SEZ (West Coast of India), Vizag SEZ (East Coast of India), and Barmer (Domestic Facility for Rajasthan).

Duty Free Consolidation & Better Cash Flow Management

OWS provides Freezone based warehousing and material management services that provide duty free consolidation points for imported items within India. As a SEZ is an earmarked foreign territory for the purposes of duties and taxes, clients are able to store their goods for any duration of time without having to pay any duties or taxes in India. This helps in better cash flow management as our clients are able to procure items in bulk, but need to pay duty only on specified quantities needed for immediate consumption or sale.

Improved Asset Utilization

One of the biggest beneficiaries of the OWS model are international companies that provide specialized rental equipment in India. By eliminating the need for physical export to a third country during idle time, our client's equipment can now spend more time as a revenue generating rental tool than a cost incurring freight item.

Eliminate Demurrage Charges

OWS helps eliminate a major pain point for regular importers - excessive demurrage and port storage charges due to delays in clearance on where accounts.

Re-Export Of Excess Capacity Imports

Our SEZ model is also beneficial in cases where a customer wishes to re-export or return the imported items, either to the original shipper or a third party. As long as the goods are stored in the SEZ, they can be freely exported to any third country without any impact of local duties or taxes.

What are the benefits of the OWS SEZ model?

The SEZ based warehousing model pioneered by OWS in India offers the following benefits:

Duty Free Consolidation & Better Cash Flow Management
No Time Limit On How Long You Can Store Goods In SEZ
Carry Out Value Added Servcies Including Assembly, Labelling and Repackaging
Improved Asset Utilization
Eliminate Demurrage Charges
Re-Export Of Excess Capacity Imports