Advance ruling application may be withdrawn at any time before pronouncement: CAAR

In re Nouveau Diamonds Manufacturing India LLP (CAAR Mumbai)

The CAAR Mumbai granted permission for withdrawal of the advance ruling applications filed by M/s. Nouveau Diamonds Manufacturing India LLP as applicant may withdraw his application at any time before an advance ruling is pronounced. This decision was made in accordance with Regulation 20 of the Customs Authority for Advance Rulings Regulations, 2021. As a result, the queries regarding import procedures, manufacturing activities, export implications, and customs duty obligations remain unresolved.