The Customs Authority for Advance Rulings Regulations, 2021

The Central Board of Indirect Taxes has issued the Customs Authority for Advance Rulings Regulations, 2021 to establish the Customs Authority for Advance Rulings. The Authority shall have the power to hear and determine all applications and petitions and to issue advance rulings.

The Authority shall have benches in Mumbai and Delhi and have the powers of a civil court. An application for obtaining an advance ruling shall be made in Form CAAR-1 before the jurisdictional Authority.

RECENT UPDATES