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of <h1>Indian Customs Updates ICES for MOOWR: No Interest on Ex-Bond Bills, New Procedures for Warehousing and Re-exports.</h1> The circular from the Office of the Commissioner of Customs outlines changes in the Indian Customs EDI System (ICES) related to the Manufacturing and Other Operations in a Warehouse Regulations (MOOWR). It specifies that no interest will be charged on Ex-Bond Bills of Entry for goods cleared for home consumption from a Section 65 warehouse. Key updates include warehousing mapping for licensed manufacturing activities, changes in the declaration format for Ex-Bond Bills of Entry, and procedures for re-crediting the Warehouse BE ledger in case of re-export. These changes are effective from September 21, 2020. Stakeholders are advised to follow the updated procedures.
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