Advance ruling validity limited to a fixed term or until law or facts change, affecting Customs advance rulings. An amendment to section 28J substitutes subsection (2) to provide that an advance ruling remains valid for three years or until a change in law or facts on which it was based, whichever is earlier, and provides that for advance rulings in force when the Finance Bill, 2022 receives presidential assent the three year period is reckoned from the date of that assent.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance ruling validity limited to a fixed term or until law or facts change, affecting Customs advance rulings.
An amendment to section 28J substitutes subsection (2) to provide that an advance ruling remains valid for three years or until a change in law or facts on which it was based, whichever is earlier, and provides that for advance rulings in force when the Finance Bill, 2022 receives presidential assent the three year period is reckoned from the date of that assent.
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