Commerce Minister Supports MOOWR

Commerce and industry Piyush Goyal on Tuesday asked industry to use the Manufacture and Other Operations under Warehouse Rules (MOOWR) scheme, which allows duty-free import of products for the purpose of re-export, as it is a “pretty practical, neat, simple solution” to problems faced largely by small exporters.

At an export award event, he also said the government is trying to devise a new scheme to support domestic manufacturing of machinery to produce trimmings, embellishments and other accessories. Goyal said the revenue department’s MOOWR scheme will make business more competitive as exporters won’t be required to have advance authorization or licence for every single product they import for the purpose of re-export.

“We will take up for consideration your concern on import of duty on leather goods… Irrespective of our ability to remove the import duty on that, I would urge you to use MOOWR scheme of the department of revenue, “Goyal said at an event organized by Council for Leather Exports. The minster said the many products in the leather industry continue to come from other geographies and the BIS certification can be converted into a quality control order.

Goyal said the government is trying to work for more Free Trade Agreements (FTA) with developed, high-spending and high per capita income nations.

“I urge you all to look at new destinations to export and look at newer products that we can even produce in India for import substitution,” he said.