Optical Line Terminals not Eligible for Concessional Duty rate: CAAR Mumbai

In re Nokia Solutions and Networks India Private Limited (CAAR Mumbai) The Customs Authority of Advance Ruling in Mumbai deliberated on the eligibility of Optical Line Terminals (OLTs) for a concessional Basic Customs Duty (BCD) rate of 10%. Nokia Solutions and Networks India Private Limited sought clarification, triggering a detailed analysis. The applicant, engaged in network equipment manufacturing and trading, imports GPON OLTs, seeking the concessional BCD rate. Despite prior classification and clearance at a reduced rate, recent circulars led to BCD denial. The Circular No. 08/2023 clar...