Advance ruling scope expanded to include customs, central excise and specified finance act advance ruling applications. Amendment expands section 245Q(1) to permit applications for advance ruling under Chapter V of the Customs Act, Chapter IIIA of the Central Excise Act, and Chapter VA of the Finance Act, 1994, in addition to the existing provision under Chapter XIX-B of the Income-tax Act; applications remain subject to prescribed form and manner and the amendment is effective from 1 April 2017.
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Advance ruling scope expanded to include customs, central excise and specified finance act advance ruling applications.
Amendment expands section 245Q(1) to permit applications for advance ruling under Chapter V of the Customs Act, Chapter IIIA of the Central Excise Act, and Chapter VA of the Finance Act, 1994, in addition to the existing provision under Chapter XIX-B of the Income-tax Act; applications remain subject to prescribed form and manner and the amendment is effective from 1 April 2017.
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