moowr: MOOWR– A new warehouse scheme can play a key part in India's trade
Synopsis The revised scheme has caught the attention of many corporates in India and some large multinational companies are considering this option given the distinct advantage and ease of administration, unlike other export formats. iStock Certain key issues which await clarification are allowability of depreciation on the used capital goods, relocation of EOU/SEZ under the scheme, and certain procedural relaxations in terms of compliance with allied Acts. The Government, in an initiative to encourage local manufacturing, revamped the earlier ‘Manufacturing & Other operation in Warehouse ...
Source: indiatimes.com