DFIA Customs Exemption Allowed as ITC (HS) Code Matching Not Mandatory: CAAR

In re Proventus Agrocom Pvt Ltd. (CAAR Mumbai) The Customs Authority for Advance Ruling (CAAR), Mumbai, examined an application filed by Proventus Agrocom Pvt. Ltd. seeking an advance ruling on whether imports of Inshell Walnuts under Transferable Duty Free Import Authorisations (DFIAs) issued against exports of assorted confectionery, biscuits, vegetable pickles, and namkeens/mixtures/savories would qualify for exemption from Basic Customs Duty (BCD) under Notification No. 25/2023-Cus dated 01.04.2023. The applicant sought clarification on three issues: entitlement to exemption without demons...