Definitions - Advance Ruling

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..... cturer, as the case may be;'.] (b) advance ruling means the determination, by the authority of a question of law or fact specified in the application regarding the liability to pay duty in relation to an activity proposed to be undertaken, by the applicant; (c) applicant means- (i) (a) a non-resident setting up a joint venture in India in collaboration with a non-resident or .....

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..... nomic activity which is subject to joint control and one or more of the participants or partners or equity holders is a non-resident having substantial interest in such arrangement;] (d) application means an application made to be Authority under sub-section (1) of section 23C; 5 [ (e) Authority means the Authority for Advance Rulings as defined in clause (e) of section 28E of th .....

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..... bstituted vide Finance Act 2013, w.e.f. 10th May, 2013, before it was read activity means production or manufacture of goods; . 5. Substituted vide The Finance Act 2017 , before it was read as, 2 [(e) Authority means the Authority for Advance Rulings, constituted under sub-section (1), or authorised by the Central Government under sub-section (2A), of section 28F of the Customs Ac .....

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