India’s MOOWR scheme: Moving Manufacturing & Other Operations to India is FINANCIALLY REWARDING
10 March, 2022 15:30 GMT (London) 10:30 EST (New York)
Partner, C.R. Sharedalal & Co., Gujarat, Indiaajs@crsharedalalco.com
Thursday 10 March 2022
The Government of India is making continuous efforts to promote India as a global manufacturing hub and has made a commitment towards enabling ease of doing business – we invite, you, your Clients and Colleagues to join us!
In this interactive webinar-come-meeting, MGI Worldwide members from India will explain the features of the Manufacturing & Other Operations in Warehouse Regulation (“MOOWR Scheme”) which allows importers to import raw materials and capital goods without payment of duties of customs and IGST, along with the various benefits of investing in India, and answer all your questions.
International Tax & Transfer Pricing Partner
MGI Asia member firm Dinodia Consulting, New Delhi, India
MGI Asia member firm C.R. Sharedalal & Co., Gujarat, India
NR Advisors, Mumbai, India
Government official – panelist
Industry CXO – panelist
India is attracting international companies to set up and move their operations.
Members of the Asia Region in India would like to invite you, your Clients and Colleagues to this interactive-come-meeting.
Please share this invitation among your Firm and we encourage your Clients to register as well.
Thursday 10 March
07:30 am PST Los Angeles
10:30 am EST New York
15:30 pm GMT London
16:30 pm CET Frankfurt
21:00 pm IST New Delhi
About India’s MOOWR Scheme
The bonded manufacturing scheme allows import of raw materials and capital goods without payment of duty for manufacturing and other operations in a bonded manufacturing facility. The duty on such imports is deferred, which provides additional working capital support to the manufacturer. This scheme has been introduced with the intention of giving the ‘Make in India’ campaign a boost and opening India's doors to manufacturers wanting to either establish or shift their setup from other neighbouring countries into India.