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<h1>India Clarifies Eligibility for Advance Ruling Under Customs Act: Includes Resident Firms, LLPs, Sole Proprietorships</h1> The Government of India, through the Ministry of Finance, has issued a notification specifying 'resident firm' as a class of persons eligible for Advance Ruling under the Customs Act, 1962. This includes entities defined under the Indian Partnership Act, 1932, such as limited liability partnerships without company partners, sole proprietorships, and One Person Companies. The term 'resident' is as defined in the Income-tax Act, 1961. The notification aims to clarify the eligibility criteria for firms seeking Advance Ruling, thereby facilitating clearer customs procedures.