CAAR Ruling on Customs Duty Exemption for Aircraft Engine Parts

In re Shriprop Aerospace Private Limited (CAAR New Delhi) M/s. Shriprop Aerospace Private Limited (hereinafter referred to as `SAPI: or ‘the Company’ or ‘the applicant’), having IEC No. AAUCS99871) has filed an application (CAAR-1) for advance ruling before the Customs Authority for Advance Rulings, New Delhi (CAAR, in short). The said application was received in the Secretariat of CAAR, New Delhi on 18.01.2024 along with enclosures in terms of Section 28H (1) of the Customs Act, 1962 (hereinafter referred to as the ‘Act’). The applicant has stated that impo...