Company Overview
We are extremely pleased to introduce our new venture of offering exceptional services to our valuable clients in the FTWZ ( Free Trade Warehousing Zones ). While Jeyyemaarr having an experience in the Clearing and Forwarding field for the past two decades, in a membership with Federation of Fright Forwarding Association in India, handling all kinds of specialised goods irrespective of the cargo description. Jeyyemaarr scales up its services by prioritising the needs of the clients to offer storage facilities with a built up storage space with covered to meet customer requirements utilising immense benefits offered by the government to business entities.
Services Offered
Cargo handling services
Consolidation
Custom House agency services
Goods transport services
(by road / rail)
Handling and storage of empty containers
Loading, unloading, Stuffing, destuffing, Packing or unpacking of cargo
Re-sizing or splitting of goods and packages
Storage, warehousing and handling of goods
Freight Forwarding services
BENEFITS OF FTWZ
| FTWZ | BONDED WAREHOUSE | |
|---|---|---|
| Port Status |
"SEZ Act Sec 53(2). FTWZ is a Deemed Port" |
No Deemed Port status. |
| NFE |
"FTWZ Units are required to be NFE positiveunder SEZ Rule 53" |
"No NFE requirement by Bonded Warehouses." |
| Assessment of Duty |
"Since the FTWZ is a Deemed Port the goods are NOT assessed for Duty. A Bill of Entry for home consumption is filed with FTWZ Unit for transfer of goods from Airport/ Seaport to FTWZ." |
"Bill of Entry for Warehousing is filed and assessed for Duty before being permitted to move to the Bonded Warehouses." |
| Multi-Country Consolidation |
"Consolidation of goods from Multi-Country permitted as per customer’s requirement. |
"Consolidation of goods not Permitted" |
| Duty Deferment Bond |
No requirement for a double duty bond |
Additional double duty bond required |
| "Movement from Customs Gateway" |
"Goods are transported from customs gateway to Minerva’s FTWZ via transshipment procedure without assessment by Customs in turn decreasing Customs process lead time" |
"Movement of goods into the bonded warehouse are subject to assessment at Gateway Customs" |
| Value Added Services (VAS) |
Can carry out Value Added Services as provided for SEZ Rule 18 (5) |
"Value Added Services are permitted, subject to Customs permission in advance of any such activities" |
| "Holding Goods on Account of Foreign Supplier / Buyer" |
Permitted under SEZ Rule 18 (5) |
Not permitted |
| Restricted Goods Imports |
Permissible to enter the FTWZ. |
Goods can enter Bonded Warehouse pending Production of import license |
| Prohibited Goods Imports |
Permissible to enter the FTWZ with the Approval of the BOA |
Not Permissible |
| Period of Storage |
"SEZ Rule 37 permits the goods to be kept until the Validity of the Unit Holder. The goods in the FTWZ are not assessed for Duty." |
"One Year, further extension allowed subject to approval from Chief Commissioner of Customs" |
| Interest on Duty |
Interest on Duty not applicable |
Beyond 90 Days, interest is levied. |
| Exemption from SAD |
Exemption of 4% SAD against CST or VAT applicable |
SAD benefit applicable as per Customs notifications for pre-packed goods only. |
| Customs Set Up |
Dedicated customs setup available within the FTWZ 24x7x365 |
"Dedicated customs setup could be done subject to approval from Customs office" |
| Compliance of Allied Acts |
"Payment of duty and compliance of allied acts, only when the goods move out of FTWZ into DTA" |
"Payment of duty at the time of removal of goods along with applicable interest & upon production of applicable import license" |
WAREHOUSE LOCATION
JEYYEMAARR FTW is situated at Ennore near Chennai. This is in an attractive location which is 30 km from Chennai port, 20 km from Adani port and 14 km from Ennore port.
ADDRESS:
NDR Infrastructure Private Limited Nandiambakkam Port Road Nandiambakkam, Ponneri Taluk Thiruvallur District, Chennai - 600 120
