Case Law Details
In re Exide Energy Solutions Limited (CAAR Mumbai)
The Customs Authority for Advance Rulings, Mumbai, recently addressed the classification of roasted areca nuts in response to an application filed by Exide Energy Solutions Limited. However, an unexpected twist occurred with the withdrawal of the application.
Exide Energy Solutions Limited initially sought an advance ruling under section 28-11 of the Customs Act, 1962, pertaining to the eligibility for exemption under Entry no. 69 of Notification No. 25/2002-Customs. Despite a personal hearing and scheduled follow-up, the applicant opted to withdraw the application per Regulation 20 of the Customs Authority for Advance Ruling Regulations, 2021, before any ruling was pronounced. The authority, empowered by the regulation, granted leave for withdrawal, thereby disposing of the application.
FULL TEXT OF ORDER OF CUSTOMS AUTHORITY OF ADVANCE RULING, MUMBAI
M/s Exide Energy Solutions Limited (hereinafter will be referred as applicant) has filed an application on 18/12/2023, seeking an advance ruling under section 28-11 of the Customs Act, 1962 from the Customs Authority for Advance Rulings, Mumbai (CAAR, in short). The applicant was seeking advance ruling on the eligibility to claim exemption granted under Entry no. 69 of Notification No. 25/2002- Customs dated 01-03-2002 for the proposed import of capital goods intended for use in manufacture of Lithium Ion Cells for use in manufacture of Battery of Electronic operated vehicle.
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