Phosphatidylserine Classifiable Under Chapter 29 Due to Phosphoaminolipid Nature: CAAR Delhi

In re Danisco India Private Limted (CAAR Delhi) The Customs Authority for Advance Rulings, Delhi (CAAR) examined an application filed under Section 28H of the Customs Act, 1962 seeking an advance ruling on the classification of a proposed import product named “Sharp PS®”. The applicant proposed to import the product prior to commencement of importation and sought clarity on whether it was classifiable under Customs Tariff Item (CTI) 2923 2090 of the First Schedule to the Customs Tariff Act, 1975. The Authority found the application to be maintainable, as the applicant held a valid Importe...