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“Indirect Tax I Arbitration I Insolvency Advisory I Litigations”

Dated: 13.06.2024

Customs Advance Ruling application is not maintainable when the BoE is Provisionally assessed

The applicant M/s LS Metal Vina LLC, Land plot CN1H, Deep C 2B Industrial zone, Dinh vu – Cat Hai economic zone, Dong Hai 2 ward, Hai An district, Hai phong city, Vietnam are the manufacturers and exporters of Copper tubes & Copper Cathode in Vietnam.

The applicant had filed the application seeking advance ruling from The Customs Authority for Advance Ruling, New Delhi Principal bench in application form CAAR-1.

The applicant was desirous of seeking advance ruling on the ASEAN India FTA (AIFTA) as notified under Notfn. No 46/2011-dtd 01.06.2011 S. No 984.

The Authority ruled as follows:

The matter of import of copper tubes under benefit of ASEAN-India free Trade Agreement (AIFTA) is undergoing investigation and as well as under provisional assessment of Bill of entry of such kind of imports. In my opinion, the instant matter does not appear to be maintainable, and the instant application appears liable for rejection under clause 2(a) of section 28(i) of Customs ACT, 1962.

Case Title: M/s LS Metal Vina LLC, Vietnam Vs Commissioner of Customs, ICD Patparganj, New Delhi

Source: CAAR, NEW DELHI

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