For manufacturers dependent on imported machinery or raw materials, customs duties can lock up significant working capital even before production begins. The MOOWR Scheme offers an alternative: defer customs duty and IGST on eligible imports until the goods are cleared for the domestic market.

Beyond duty deferment, the scheme offers flexibility without a conventional export obligation, making it potentially relevant for manufacturers evaluating new plants, capacity expansion or import-heavy operations. The article explains how the scheme works, who can use it, its compliance framework and the areas businesses should examine before opting in.

Read the full article on TaxGuru: MOOWR Scheme: A Game Changer for Indian Manufacturers