TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clarification of Terms in Section 23A of Central Excise Act: Advance Rulings, Activity, Applicant, and Application.</h1> Section 23A of the Central Excise Act, 1944, defines terms related to advance rulings. 'Activity' refers to the production or manufacture of goods, including proposed new business activities. An 'advance ruling' is a determination by the authority on legal or factual questions about duty liability for proposed activities. An 'applicant' can be a non-resident or resident involved in joint ventures in India or a wholly-owned subsidiary of a foreign company. 'Application' refers to a submission to the Authority for Advance Rulings, which is defined under the Customs Act, 1962. Definitions for 'non-resident,' 'Indian Company,' and 'foreign company' align with the Income-tax Act, 1961.
TaxTMI 
TaxTMI 
