Warehousing

Bonded warehousing offers the importer cash flow advantages and options to re-export without paying the duty. Rather than pay the import duty on items as soon as they are imported, choosing to store your goods in a Custom Bonded Warehouse, will defer payment until the goods are removed from the warehouse and sold in the market

This assists companies tremendously with their business cash flow, ensuring that most of their cash isn’t tied up with paying these charges immediately, thus saving a large initial outlay.

Wet Bonded Warehouses :

Are able to store Alcohol, Tobacco and other excise goods. In a Wet Bonded facility, the duty on the goods may be paid or not.

Dry Bonded Warehouses :

Are for the storage of all goods other than Alcohol and excise applicable goods.

There are fewer warehouses in the market with Bonded status than ambient warehouses, some just dry bond and others with wet or both. For this reason, when searching for a Bonded warehousing, in particular, a wet bond, you will have to consider widening your search area, which means time delay, unnecessary hassle and money wastage. With STARSHIP LINES, you need to look nowhere else, we provide solutions for wet and dry bonded warehousing, securing your cargo and helping you ease out from the cash flow regulations and helping your business build and grow while optimizing your cost involved, providing the most efficient solutions for your needs and maximising your profits.

Free Trade Warehousing Zone

• • FTWZs are Deemed Foreign Territories / Ports / Warehouse for Storage and Other value-added activities under the Customs Law. FTWZ units are allowed to hold inventory on behalf of Foreign Suppliers/ Domestic Buyers.
• • FTWZ law allows multiple transfers of ownership transactions without removal of the goods out of FTWZ, thus ensuring the trading chain to be as close as possible and as may be required, ensuring that there is no cascade of indirect taxes/compliance and avoids an increase in transaction cost.

FTWZ provides unparalleled advantages for all logistics operations

Financial

• Ease of starting EXIM business in Indian FTWZ by foreign entities
• • The flexibility of transactions in any free convertible currency
• Deferment of Custom duties / GST for Longer periods
• Facility for undertaking Value-added services.
• Freedom from Demurrage, Detention & Interest cost.

Operational

• • Value-added services viz. pick/pack, labelling, testing, etc
• For international customers, availability of their stocks for Indian Sub-con /South East Asia.
• Uninterrupted operations
• A single point contact is provided to coordinate for all FTWZ activities.

activities allowed inside the FTWZ?

• Warehousing of goods on behalf of foreign or domestic clients
• Trading with or without labelling
• Packaging and repacking
• Re-sale, re-invoice, or re-export of goods
• Assembly of complete and semi-knockdown goods
• Kitting and various value optimization services on the goods/cargo