GFCL EV Products Ltd.: Customs Act Advance Ruling Withdrawn

In re GFCL EV Products Limited. (CAAR Mumbai)

Introduction: GFCL EV Products Limited recently filed an application under section 28-11 of the Customs Act, 1962, seeking an advance ruling from the Customs Authority for Advance Rulings, Mumbai (CAAR). The application focused on the applicability of the exemption under Sr. No. 523 A of Notification No. 50/2017 on imports related to the manufacturing of goods used in the production of Lithium-Ion cells.

Detailed Analysis:

1. Application Filing: The application was submitted on 24/07/2023, outlining the details of the goods and seeking clarity on the exemption.

2. Personal Hearing: A personal hearing took place on 23/01/2024, during which the applicant reiterated the content of their application. The applicant requested additional time for further submission.

3. Withdrawal Request: On 12/02/2024, the applicant, through an email received on 15/02/2024, formally requested the withdrawal of their application in accordance with Regulation 20 of the Customs Authority for Advance Ruling Regulations 2021.

4. Regulatory Framework: Regulation 20 allows an applicant to withdraw their application before an advance ruling is pronounced. The relevant excerpts from the Regulations were cited.

5. Granting Leave for Withdrawal: Considering the absence of an advance ruling, the Customs Authority, in accordance with Regulation 20, granted permission for the withdrawal of the application.

Conclusion: The article concludes that the application filed by GFCL EV Products Limited under the Customs Act for an advance ruling has been withdrawn. This decision aligns with the regulatory framework, specifically Regulation 20. The details of the withdrawal process shed light on the procedural aspects and underline the importance of staying informed about regulatory developments.

FULL TEXT OF THE ORDER OF CUSTOMS AUTHORITY OF ADVANCE RULING, MUMBAI

M/s GFCL EV Products Limited (hereinafter will he referred as applicant) has filed an application on 24/07/2023, 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 applicability of exemption under Sr. No. 523 A of Notification No. 50/2017 dated 30.06.2017 as amended on the imports of Item (Detailed in Application) which are used in manufacturing of goods (by the applicant or otherwise) that are eventually used in the manufacture of Lithium Ion cells.

2. A Personal hearing in this matter was convened on 23/01/2024 wherein the representative of applicant reiterated the content of application filed with this office. The applicant sought two weeks’ time to file further

3. The applicant vide letter dated 12/02/2024 (received through email dated 15/02/2024) applicant has requested for withdrawal of their application for advance rulings in accordance with Regulation 20 of the Customs Authority for Advance Ruling Regulations 2021.

4. I have gone through the request of the applicant for withdrawal of the application for advance ruling. In this regard, the relevant excerpts of said Regulations No. 20 of the Customs Authority for Advance Rulings Regulations, 2021 (as amended vide Notification No. 63/2022-Cus. (NT) dated 20.07.2022, w.e.f. 25.07.2022) has been reproduced below:

“20. Withdrawal of application. – The applicant may withdraw his application at any time before on advance ruling is pronounced.”

5. In the instant case an Advance Ruling is not yet pronounced. In view of the forgoing facts on the record and in exercise of the powers vested in me vide Regulation 20 of the Customs Authority of Advance Rulings Re^gulation, 2021, I hereby grant leave for withdrawal of the said application for advance ruling on the request of the applicant.

6. The application is disposed of as withdrawn.