Page 36 - Bullion World Issue 7 November 2021
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Bullion World | Issue 07 | November 2021
Free Trade commodities with world-class
physical and electronic security.
Warehousing Zones Sequel offers prompt delivery to
all metros and large cities from the
And Bullion Trading warehouses at Kandla and GIFT
City.
How Sequel adds value to bullion
trading through its two Free
Sequel’s FTWZ at Kandla and Gift City Trade Warehousing Zones:
• Long term storage of imported
Free Trade Warehousing Zones (FTWZ) goods insulated from duty
fluctuations
• Provision to store both gold and
Free trade warehousing zones are strategically located premises treated silver
as international zones which enable the trading and storage of goods on • Located at IFSC – GIFT City
behalf of foreign or domestic clients. FTWZ provides efficient connectivity • Efficient inventory management
via road, rail, air, and sea. Within the geography of India, it acts as a • Geographical proximity to
deemed foreign territory.
important manufacturing hubs
• Connectivity to major cities
Free Trade Warehousing Zones in India fall under Special Economic Zones via different modes of
Act, 2005, and the Special Economic Zones Rules, 2006. The Ministry transportation
of Commerce and Industries is involved in clarifying various operational • Strategic partnerships
aspects of FTWZ.
with International Logistics
Benefits of a Free Trade Warehousing Zone: • Companies
Lower total transaction and
• Service tax exemption transportation cost
• Deferred customs duty payment • Duty exemption on re-export
• Benefits of export when transferring goods from Domestic Tariff Area
(DTA) to FTWZ
• Hassle-free re-export, re-sale, and re-invoice of
goods
Sequel’s facilities at Kandla and Gift City - Gateways
for Import and Long-Term Storage of Bullion
Sequel has precious commodities storage facilities at
two Free Trade Warehousing Zones (Kandla and GIFT
City) in India. Both facilities are audited and approved
by most major international suppliers for precious metal
storage and are strategically positioned in such a way
as to cater to the major precious metals manufacturing
units in Gujarat, Rajasthan, Maharashtra, Agra, and
Uttar Pradesh. Sequel’s free trade warehouses
are utilized by major international banks, financial
institutions, manufacturing units, traders, and suppliers.
These warehouses are specially designed to handle
precious commodities and to facilitate international
trade of bullion.
The centrally and locally monitored facility of
Sequel enables the hassle-free handling of precious
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