TMI BlogAmends Customs (Advance Rulings) Rules,2002X X X X Extracts X X X X X X X X Extracts X X X X ..... Customs (Advance Rulings) Rules,2002, namely:- 1. (1) These rules may be called the Customs (Advance Ruling) Amendment Rules, 2007. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In the Customs (Advance Rulings) Rules, 2002 (hereinafter referred to as the said rules), in clause (b) of rule 2, for the words "the Authority for Advance Rulings", the words and brackets "the Authority for Advance Rulings (Central Excise, Customs and Service Tax)" shall be substituted. 3. For the "Form" appended to the said rules, the following "Form" shall be substituted, namely:- "FORM- AAR (CUS-I) [Application for Advance Ruling (Customs)] (See rule 3 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this behalf (mention notification number); : (vi) Importer/Exporter importing/ exporting any goods from Republic of Singapore under Comprehensive Economic Cooperation Agreement (CECA) dated 29.06.2005. : 3. Basis for claim as a proposed joint venture [ref. 2(i) (ii) above] (furnish copy of following). (a) Memorandum of Understanding; or : (b) Letter of Intent; or : (c) Articles of Association etc.; or : (d) Any other document. : 4. Details of proposed joint venture (i) Full name : (ii) Complete address ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f joint venture. : (ii) Status of constituent persons, i.e. resident/non-resident. : (iii) Existing activities if any. : 8. Nature of activity proposed to be undertaken. : 9. Present status of activity. : 10. Importer-Exporter Code number of the applicant (if any). : 11. Permanent Account Number (Income Tax) of the applicant (if any). : 12. Question of Law or fact on which Advance Ruling required (Tick whichever is applicable and provide details against ticked item):- (i) classification of goods under the Customs Tariff Act, 1975; : ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ibunal or any Court? : 17. Concerned Commissioner of Customs i.e. from where import/export is proposed to be undertaken. : 18. List of documents/statement attached, (attach the list on a separate sheet, if necessary. : 19. Particulars of demand draft enclosed with the application : (Applicant's signature) VERIFICATION I, _____________________(name in full and in block letters), son/daughter/wife of ___________________ do hereby solemnly declare that to the best of my knowledge and belief information and statements furnished in above format and in the annexure(s) thereto including the documents enclosed are correct. I am maki ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ication is found insufficient, separate sheets may be used for this purpose. Each sheet must be signed at the bottom by the applicant. 5. In reply to item number 2 the applicant must state its status i.e. whether an individual, Hindu undivided family firm, company, firm association of persons, wholly owned subsidiary, Joint Venture or any other person. 6. For item number 5, the reply must be given in the context of the provisions regarding 'residence' in India, 'non resident', 'Indian Company', and 'Foreign Company' as per the Income Tax Act, 1961(43 of 1961). 7. In reply to item number 9, the applicant must state the present status of the business activity in respect of which advanc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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