GST:
No GST on sale of warehoused goods in 3P FTWZ on “as is where is” basis for supply to bonded warehouse under MOOWR Scheme: AAR
The advance ruling pertains to the classification of a specific transaction involving warehoused goods. The applicant imports and stores goods in a third-party Free Trade Warehousing Zone (3P FTWZ). The goods are sold “as is where is” to a customer who clears them to a bonded warehouse under the MOOWR Scheme. This transaction is determined not to be a supply of goods or services under Clause 8(a) of Schedule III of the CGST Act, 2017. Consequently, the transaction is not subject to GST.
Tamilnadu AAR – Sunwoda Electronic India (P.) Ltd., In re [ADVANCE RULING NO. 06/ARA/2024]
