Classification of Tyre Pyrolysis Oil & Carbon Black: CAAR Mumbai Ruling

In re Finster Black Private Limited (CAAR Mumbai) The Customs Authority for Advance Rulings, Mumbai, recently deliberated on the classification of Tyre Pyrolysis Oil and Tyre Pyrolysis Recovered Carbon Black, shedding light on their categorization under the Customs Tariff Act, 1975. The ruling by CAAR Mumbai addresses the classification of Tyre Pyrolysis Oil (also known as Depolymerisation Oil) and Tyre Pyrolysis Recovered Carbon Black. The applicant, Finster Black Private Limited, sought clarity on the classification of these products and their eligibility for import/export. Tyre Pyrolysis Oi...