Advance ruling scheme extended to public sector companies and resident importers for pre-import customs assessment. The notification specifies two classes of persons eligible for advance rulings under the Customs Act: any public sector company and a resident proposing to import goods claiming assessment under tariff heading 9801 of the Customs Tariff Act. It also adopts the Income-tax Act meanings for 'public sector company' and 'resident,' thereby defining eligibility for the advance ruling scheme in customs assessment matters.
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 scheme extended to public sector companies and resident importers for pre-import customs assessment.
The notification specifies two classes of persons eligible for advance rulings under the Customs Act: any public sector company and a resident proposing to import goods claiming assessment under tariff heading 9801 of the Customs Tariff Act. It also adopts the Income-tax Act meanings for "public sector company" and "resident," thereby defining eligibility for the advance ruling scheme in customs assessment matters.
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