https://www.taxtmi.com/caselaws?id=443105 The Customs Authority for Advance Rulings (CAAR), Mumbai, determined that 'Foil Balloons' made of Nylon/HDPE, intended for party decoration or entertainment, are to be classified under heading 9505 9090. The CAAR concurred with the applicant's argument that these balloons are not toys but are used exclusively for decorative purposes. The ruling emphasized that the NCTC report was inconclusive and failed to account for the common parlance test or the HSN explanatory notes, supporting the applicant's classification under festive and decorative articles. en-us Tue, 05 Sep 2023 00:00:00 +0530 Sat, 03 Feb 2024 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443105 The Customs Authority for Advance Rulings (CAAR), Mumbai, determined that 'Foil Balloons' made of Nylon/HDPE, intended for party decoration or entertainment, are to be classified under heading 9505 9090. The CAAR concurred with the applicant's argument that these balloons are not toys but are used exclusively for decorative purposes. The ruling emphasized that the NCTC report was inconclusive and failed to account for the common parlance test or the HSN explanatory notes, supporting the applicant's classification under festive and decorative articles. Case-Laws Customs Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443105