https://www.taxtmi.com/article/detailed?id=11253 The MOOWR Scheme allows importation of raw materials and capital goods into bonded manufacturing facilities without immediate customs duty or IGST payment; duty is payable only if finished goods or capital goods are cleared for domestic consumption, while exports of finished goods or exported capital goods remain exempt from the deferred duty. The Scheme requires a combined application and license process, execution of a bond after on site compliance verification, digital recordkeeping in a prescribed format, monthly returns, and five year record preservation, with flexibility on facility location and clearance destinations. en-us Tue, 28 Mar 2023 09:59:54 +0530 Tue, 28 Mar 2023 09:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11253 The MOOWR Scheme allows importation of raw materials and capital goods into bonded manufacturing facilities without immediate customs duty or IGST payment; duty is payable only if finished goods or capital goods are cleared for domestic consumption, while exports of finished goods or exported capital goods remain exempt from the deferred duty. The Scheme requires a combined application and license process, execution of a bond after on site compliance verification, digital recordkeeping in a prescribed format, monthly returns, and five year record preservation, with flexibility on facility location and clearance destinations. Articles Customs - Import - Export - SEZ Tue, 28 Mar 2023 09:59:54 +0530 https://www.taxtmi.com/article/detailed?id=11253