Chemexcil, along with Knowledge Partner Lakshmikumaran & Sridharan Attorneys, is organising a webinar entitled, Bonded Manufacturing & Warehousing Scheme for Exporters
As you have been observing that there seems to be various complexities arising in the export promotion schemes viz., Advance Authorisation /EOU/SEZ etc. Be it may be from legal perspective or from compliance perspective.
Thus, the government has been promoting the ‘Bonded Manufacturing & Warehousing Scheme’ which is contemplated under Sections 58 and 65 of the Customs Act 1962 as part of Make in India initiative. The scheme saw various amendments in the last couple of years to make it business-friendly.
We also feel that ‘Bonded Manufacturing & Warehousing Scheme’ could be a viable alternative to Advance Authorisation /EOU/SEZ Schemes and wish to create an awareness among the Indian Industry regarding the same.
- Mr. Ratan Jain –Partner, L&S
- Mr. Saurabh Malpani – Principal Associate, L&S