Thank you for awaiting for me first of the information to giving you is 2 portion
1. Information of Free Zone system in AAT.
The free zone of AAT is system control and tracking for any item both of import and local that concerning and movement in free zone
warehouse to manufacture of finish goods for sale area that include export and domestic.
In case of export sale the entrepreneurs will get the benefit of tax free zone (except all duty, VAT is 0%) and when import raw material will be get the benefit of tax to except import duty as well. And in case of domestic sale will have to prepared the cost structure to display the volume of raw materials used to finish goods manufactured by the customs regularity.
at present , the volume of local part to manufacture should more than 40% will be getting the benefit of tax and if not more than 40% or less will not be getting the benefit to except tax free zone and it should be depend on the customs regularity.
The system of free zone will control all transaction movement of inventory by the importance criteria are following:
Transaction IN
1. Import part receiving will use data from ASN data to reference in transaction moving into inventory.
2. Local part receiving will use offline set data to reference in transaction moving into inventory.
3. Receiving by transfer from other privilege ( location to location)
Transaction OUT
1. Transaction of raw material will be use the line off data to explore BOM and back flushing out of raw material transaction out of inventory.
2. Sale data will be reference to finish goods are moving out of inventory.
3. moving transfer to others privilege ( location to location)
4. Sale service part data will be reference to the transaction moving out of inventory to pay tax increase for domestic sale of spare part.
5. FG Scrap and raw material scrap will be moving out of inventory by actual information.
Preparing report to get the benefits of tax free zone.
1. The report for the period of the operators in the free zone operators in the free zone must be reported for the first 6 months in paper form. And the memory card to the customs authorities that supervise the free zone, according to a report from the Customs Department in the period 1 is executed in the free zone since January - June reports submitted by the 15th of July. and the 2nd is a record of the transaction in the free zone since July - December to submit by 15 January of the next year. If the operators in the free zone without any transaction import - export in that period. Provide a written notice that no import - export. But the operators in the free zone, they must report the balances for that period
2. Physical inventories and monitoring systems, inventory control and monitoring zone. The tax benefits Will inform the operator of the Free Zone to know in advance. To random checks and balances the physical count and record the movement of import - bring out the inventory control system of the operators in the free zone. The remaining amount of the actual counting or recording the movement of entrepreneurial ventures in the free zones do not match with the Customs Department. Check out the free zone will notify the operator in the free zone , the documents explain why the amount of residual mismatch. If you cannot explain or clarify could not listen to the operators in the free zone are required to pay taxes for such inventories.
2. information of IT service to offering you as the same as providing to AAT. We are software service by tailor-made. We will provide services to developing the System that able to helping you to control your inventory data for location of free zone and preparing all document to support inventory reconciliation including any report that must be submit to customs department.
So, Our experience and professionals of IT service to developed your requirements and able to give recommend or any idea to do the correct and less your time.
Lastly, if you are interested in our services. Please give me the date and time that is convenient to offer additional presentation,
finally. Hope to serve you. And have confidence in our service.