Import of goods during pendancy of Advance Rulling

[Abhijeet Mane]

Hi, I want to know if client wants to apply for Customs Advance Rulling for HSN Classification- then how he can import goods during the pendency of Advance Rulling- is it on provisional assement basis. if yes do we have any legal reference to it

[Shilpi Jain]

Provisional assessment is an option. 

Further facts will help to advice better.

[Raghunandhaanan rvi]

Yes, opt for the provisional assessment. To avail of this scheme for the differential duty, you must submit a bond with security to the Customs department. Since you are an AEO entity, No security in the form of a bank guarantee is required.

[Narayana Chambers]

Dear Abhijeet-ji, 

Advance Ruling can be sought only for proposed imports (goods imported in future). Thus, it is advised that subject-goods need not be imported, upto the date of filing the Application.

You will need to disclose the name of Custom Station (Port /Airport). from where you'll be importing the subject-goods. The CAAR Ruling is applicable only qua the Commissioner, for that Customs Station. 

These days, a Ruling from CAAR is received within 6 months. You can consider warehousing the goods, during pendency of litigation (if feasible).

Or you can also provisionally clear the imported goods, pending final outcome (from the named Customs Station).  

AI Summary

Import Goods During Customs Ruling: Consider Provisional Assessment, AEO Exemptions, and Warehousing Options for Future Imports A user inquired about importing goods during the pendency of a Customs Advance Ruling for HSN classification. Respondents suggested opting for provisional assessment, which allows importation while the ruling is pending. One response advised submitting a bond with security, but noted that Authorized Economic Operator (AEO) entities are exempt from providing a bank guarantee. Another response highlighted that Advance Rulings apply only to future imports and advised against importing goods until the application is filed. It also mentioned that rulings are typically received within six months and suggested warehousing goods or provisional clearance during litigation.