Intermediate Bulk Containers merit classification under heading 86.09

In re GDPK Returnable Solutions (CAAR Mumbai) M/s. GDPK Returnable Solutions India Private Limited has filed all application seeking an advance ruling on the classification of intermediate bulk containers or IBCs. The Goodpack group is engaged in the business of leasing out these reusable metal containers to customers/packers, who in turn, use the said IBCs for safe and secure transportation of merchandise to their consignees, through one or more modes of transportation. The applicant has stated that IBCs are reusable metal containers, made of galvanized steel specially designed and equipped f...