If a company does not fulfil the criteria for Secure Trade Partnership (STP), will it be eligible for a Zero-GST or Licensed Warehouse (LW) licence?
The Secure Trade Partnership (STP) is independent from the Zero-GST Warehouse Scheme (ZGS) or Licensed Warehouse Scheme (LWS). To qualify for a Zero-GST or Licensed Warehouse licence, the company has to be placed in the applicable band under TradeFIRST and meet the criteria set for the ZGS or LWS.
Related questions
What are the criteria for obtaining Secure Trade Partnership (STP) or STP-Plus certification?
My company has been granted a Zero-GST Warehouse Scheme (ZGS) Type III licence after the TradeFirst assessment. It is currently classified under the Enhanced Band. Are we eligible for all the schemes under the Enhanced Band?
What is a Secure Trade Partnership (STP)?
What are the required procedures for the exportation of goods from a Zero-GST warehouse to a Free Trade Zone (FTZ)?
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