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<h1>Finance Bill 2018: Amendments to Customs Act Section 28E Redefine Advance Rulings and Establish New Authorities</h1> Clause 62 of the Finance Bill, 2018 proposes amendments to section 28E of the Customs Act. It omits clause (a) and revises the definitions of key terms. The term 'advance ruling' is redefined to cover broader issues beyond duty determination. The term 'applicant' is expanded to include more importers, exporters, and other parties with a justifiable cause. The existing Authority is rebranded as the 'Appellate Authority,' and a new 'Customs Authority for Advance Rulings' is established. These changes aim to align with the Trade Facilitation Agreement and enhance the advance ruling framework.