ADVANCE RULINGS

The provisions relating to advance rulings are covered in Chapter VB of the Customs Act. Advance rulings can be sought by following persons31 :

  1. holding a valid IEC number; or
  2. exporting any goods to India; or
  3. with a justifiable cause to the satisfaction of the Authority,

Advance Ruling can be sought on matters regarding classification, valuation of goods, applicability of notifications having a bearing on rate of duty of customs, determination of origin of goods and other matters as may be notified.

Application shall be filed in quardruplicate and shall be accompanied by a fee of ₹ 10,000/-.

Ruling shall be pronounced within 3 months from the date of receipt of application.

Any authorized officer or the applicant may file an appeal to the Appellate Authority within 60 days from the date of the communication of such ruling or order.