FTWZ Units can Hold Goods on Behalf of Foreign Supplier under Rule 18(5) of SEZ Rules, 2006
[Instruction No. 60 – No. D.12/4/2010-SEZ dated 6th July 2010]
Sub: Clarification on holding of goods by units in FTWZ
I am directed to say that in a meeting held in Department of Commerce with FTWZ Developers doubts were raised as to whether units in FTWZ can hold goods on behalf of foreign buyer, DTA supplier and buyer
It is clarified that FTWZ units can hold goods on behalf of foreign supplier and buyer and DTA supplier and buyer as well subject to fulfillment of provisions made in Rule 18(5) of SEZ Rules, 2006.