09
Feb
New Delhi (India), February 9: Manufacturing and Other Operations in Warehouse 2.0 (MOOWR-Sys), developed by LEO Tech Exim Solutions LLP is a web-based AI tool to conduct day-to-day activities, monthly returns & audit compliances. It’s a re-introduced scheme by the Government of India in the year 2019. Introduced with an objective to import the raw materials into the factory and carry manufacturing using these raw materials, MOOWR 2.0 emphasizes payment of IGST and Customs Duty before the removal of goods from the factory. The scheme is a combination of Sec. 58/58A and Sec 65 of Customs ACT. The scheme lacked…
