Imported Goods stored in 3P FTWZ being sold and moved to Bonded Warehouse on 'as is where is' basis under MOOWR scheme are not liable to GST
Last updated: 17 June 2024
Court :
Tamil Nadu AAR
Brief :
The Tamil Nadu AAR, in the matter of M/s. Sunwoda Electronic India Private Limited [Advance Ruling No. 06/ARA/2024 dated April 30, 2024], has held that sale of goods from third-party free trade warehousing zone ("3P FTWZ") on 'as is where is' basis to bonded warehouse under Manufacturing and Other Operations in Warehouse Regulations ("MOOWR") are not liable to GST as the same is covered under Clause 8(a) of Schedule III of the CGST Act, which reads as "Supply of warehoused goods to any person before clearance for home consumption".
Citation :
Advance Ruling No. 06/ARA/2024 dated April 30, 2024
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Bimal Jain
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