OPINION
Decoding the new
MOOWR Scheme Recently, the export incentives and duty benefits schemes like MEIS / EOUs etc., provided to Indian manufacturers, involved in exports of goods was challenged at World Trade Organisation (WTO). While the decision of the Dispute Settlement Body is averse to India’s positioning, an appeal filed by India is pending in WTO. Accordingly, Indian Government has started re-evaluating the existing trade facilitation and incentives to be compliant with WTO norms. Krishna Barad, Partner/ Customs & International Trade/ Indirect Tax, BDO India LLP, throws light on the amendments and its impact on EXIM. Krishna Barad has over 28 years of experience with specialization in Customs, Foreign Trade Policy, International Trade, Shipping & Logistics related matters. He has advised and assisted clients in setting up operations in India. He has also handled SEZ and EOU/STPI related advisory, compliance and implementation related matters of various clients. He has done Bachelor of Science (Electronics), Diploma in Export Management and Post Graduate Diploma in Transport & Logistics.
28 CELERITY September - October 2021
