Business Standard

MOOWR scheme made less attractive

Most manufacturers were reluctant to opt for the MOOWR scheme instead of well-established EOU/SEZ/EPCG schemes. Now, even some MOOWR units may opt out of the scheme and go for the competing schemes

Model shop law to boost e-commerce

TNC Rajagopalan

Listen to This Article

In October 2019, the finance ministry introduced the Manufacture and Other Operations in Warehouse (No.2) Regulations (MOOWR), 2019, vastly simplifying the scheme for manufacturing in bonded warehouses and making it more attractive. Now, amendments in the Customs Act, 1962, made through the Finance Act, 2023, that will take effect at a date to be notified later, make the scheme a lot less attractive.

The government conceived the MOOWR in response to a panel ruling at the World Trade Organisation (WTO) that held the export oriented units (EOU) scheme, special economic zones (SEZ) scheme and export promotion capital goods (EPCG) scheme as
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 30 2023 | 10:03 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to