Friday, October 16, 2020

Take the Advantage of Merchant Trading without paying duty

What is Merchant Trading?

Merchant Trading / Intermediary Trade in India denote shipments of goods and products from one foreign country to another foreign country while India is involved as Intermediary. In this process, the supplier should be resident in one foreign country, when the buyers ought to be resident in another foreign country. 

In other words, it will be recognized as Merchant Trading when goods imported by the merchant trader do not enter the Domestic Tariff Area and aren’t changed in any way. Most importantly, the goods and products involved in this trading should comply with the current Foreign Trade Policy and the rules applicable. The entire process of this trading must be completed within 9 months. 

In order to get the best deal, you can take the assistance of a reputed logistic service provider. There are some reputed FTZs available in the market that can facilitate you with Merchant Trading without paying duty wherein you can take the goods out for DTA Sale and can re-export the remaining goods to the destination country without paying customs duty (Here duty is only charged on the part of the material that moves out of FTZ for Domestic Tariff Area Shipment). There are limited options available in the Indian market and you have to rely on the most reliable partner that can help you with Merchant Trading without paying duty. 

Merchant Trading without paying duty
Merchant Trading without paying duty


How a 3PL & FTZ service can help you?

In this international trading system, Shipping and warehousing goods flexibly across the world are the crucial factors for your supply chain. The merchant traders should be concerned about it. Without a reliable logistic and storage, international trade, the bulk ship of raw materials, and the import/export of affordable goods it would simply not be possible. This is where a professional Logistics and Free Trade Warehousing service provider comes to rescue. 

Facilitate proper warehousing-

The professional integrated logistics services provider can accommodate you with the best shipping and storage facility in the form of international and automated warehouse in India so that traders can easily store their products and ensuing delivery to their customers at the right time. These warehouses are strategically located near airports, seaports, and rails so that goods can be reached to customers at right time without any further ado of transportation delay. Any interested entities around the globe can keep their products thereby and could avail the value addition for their goods by benefits such as repackaging, relabeling, kitting, assembling, consolidation, deconsolidation and many more.

The traders can access their required space and use the facility for quick and timely delivery of their goods. These transactions could be done in freely convertible foreign currency and are legally permitted and obtained by the permission from the Reserve Bank of India. The warehouse authorities will arrange everything for their clients.


Merchant Trading
Merchant Trading


Merchant trade without paying duty-

Merchant traders can access Merchant Trading without paying duty with the help of professional integrated logistics solution providers that employ Import Custom clearing agents in India that can smoothly deal with customs clearing of import deliveries across international ports. They are well-known about the provisions of the customs act and regulations in India as well as about the import trade that helps out valued clients to do Merchant Trading without paying duty. 

For the best deal, you can visit on www.onnsynex.com.


Original Source: https://onnsynex.wordpress.com/

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