FAQ on Manufacture & other Operation in Customs Warehouse MOOWR 2019 Deffered Custom Duty on Imports

In this video Mr. Samir J Shah, the Chief Mentor and Director of JBS Academy Private Limited has answered FAQ's on Manufacture and Other Operations in Customs Warehouse.
These FAQs provide welcome clarity to the industry on various aspects of the scheme that permits manufacturing operations for both domestic supply and Export to be carried on from the same facility, without foregoing the duty exemption claimed on the procurement of raw materials and capital goods. Mr. Samir Shah goes on to explain in great detail how this scheme enables businesses to Import raw materials and capital goods without payment of duty for manufacturing and other operations in a bonded manufacturing facility for Exports, while allowing Import duty deferral for the domestic market.
Watch the video till the end so that you have a comprehensive and all-round understanding of these FAQs.
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[@Comindance]

Superb video... I was clueless about MOOWR.. now this is knowledgeable

[@JBSAcademy]

Thank you! Please do subscribe to our channel so you can be notified when new videos are uploaded!

[@babasahebaher4114]

MOOWR scheme IEC plant can file bill of entry of imported goods under both categories (like home consumption and warehouse)

[@JBSAcademy]

Moowr is a deferred duty scheme and local manufacturers can licence themselves under section 58 and section 65 of the customs act 1962 and import goods duty free and either export them or sell them for home consumption.
IEC code is mandatory for m o o w r licenceing.
When the goods are sold for home consumption in India the applicable rate of duty is payable but without interest.
Therefore, the interest element now being eliminated is an important change and truly manifests ease of doing business and trade facilitation.
Hope I have explained the above, in sufficient details, to your satisfaction.

[@sameergupta6306]

Need help in preparing moowr production register like it's heading, any format

[@stepin5866]

Can we transfer capital expenditure as well bond to bond for other warehouse like we do for goods?

[@JBSAcademy]

There is no clear mandate on this modus operandi for transfer of capital expenditure.
Under Moowr scheme, the depreciation is not to be passed on to the goods sold in DTA . So the duty element has no inclusion of depreciation. Therefore Moowr is an absolute deferred duty scheme.
If the writer could get in touch with us, we could understand the situation and address it.

[@akshitaagarwal9749]

Is only a manufacture allowed to get into moowr or the 3rd party manufacturer also be allowed to do this

[@JBSAcademy]

We are not privy to the terms and conditions of your MOOWR license. If you could please furnish a copy it will be useful for evaluation.
1. The mfg is registered under MOOWR and wishes to seek job work done in another unit not covered under MOOWR.
QUOTE
The matter has been re-examined by the Board and it has been decided that if
The relationship between the raw material supplier and the job worker is one
of principal to principal, then the job worker will be the actual
manufacturer. If from the facts of the case and the terms of the agreement
between the raw material supplier and the job worker, it can be established
that the job worker is a dummy unit or is just a hired labour of the raw
material supplier, then the raw material supplier will be the principal
manufacturer and the job worker would be his workman or hired labour.. ``
(Bangalore TN. No. 159/90, dated 3-9-1990) --- Also see (CCE v. Kerala
State Electricity Board --- 1990 (47) E.L.T A161 (S.C.), upholding a CEGAT
decision ---- Ganges Industrial Pvt. Ltd. v. UOI - 1998 (98) E.L.T. 88 (Kar.)
UNQUOTE.
Viren C Dayal.

[@vikaskumar-ki7lf]

Sir! What are list of documents applying for the same ???

[@JBSAcademy]

Please visit website of Invest India.

[@shewtapune5008]

We also provide the same services
You can contact us on
Mail id - [e-mail]

[@premanandking]

Thank you sir, one clarification, in case I have a warehouse where my capital machinery will be installed in 3 phases in 3 year gaps each (expansion), in this case I have to pay the duties of first phase machinery while purchasing 2nd phase of machinery?

[@JBSAcademy]

The MOOWR scheme is designed such that import duty on imported Capital machinery I to be paid ONLY if the machinery is removed into Domestic Tariff Area and that too when it is removed. If the capital machinery remains in the MOOWR warehouse no duty is to be paid at all.

[@premanandking]

@@JBSAcademy thank sir

[@savithakotyans1267]

Is it not necessary to submit insurance, solvency by units while obtaining warehouse license

[@JBSAcademy]

Absolutely.

[@rupeshbindugadireddy849]

Hi,
I want to know more about moowr @jbs academy can you help me on it