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New Foreign Trade Policy 2008 - 2009, Chapter-7A, Free Trade & Warehousing Zones, Free Trade & Warehousing Zones FTWZ is governed by SEZ Act 2005.


Chapter - 7A : Free Trade & Warehousing Zones


Free Trade and Warehousing Zone was introduced in the Exim Policy with the objective to facilitate import and export of goods and services. Basically The Free Trade & Warehousing Zones (FTWZ) is a special category of Special Economic Zones with a focus on trading and warehousing. Each Zone to have Rs. 100 crores outlay and 5 lakh sq.mts built up area. For development and establishment of FTWZ the government has permitted 100% Foreign Direct Investment. Any new policy or amendment related to the Free Trade and Warehousing Zone will be released with the new Exim Policy 2008-2009 on or after 31st March 2008.

The policy relating to Free Trade and Warehousing Zones is governed by SEZ Act 2005, and the Rules framed there under.


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What is New?

Date: 21-09-2018
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Date: 20-09-2018
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Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for intra-State taxable supplies

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Notification No. 23/2018- Central Tax (Rate)
Seeks to insert explanation in an entry in notification No. 12/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017.

Date: 20-09-2018
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Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for inter-State taxable supplies

Date: 20-09-2018
Notification No. 24/2018-Integrated Tax (Rate)
Seeks to insert explanation in an entry in notification No. 9/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017.

Date: 20-09-2018
Notification No. 23/2018-Union Territory Tax (Rate)
Seeks to insert explanation in an entry in notification No. 12/2017 – Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017.

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Date: 19-09-2018
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