Amendment status not verified — confirm the current text below against the official source.
-In this Chapter, unless the context otherwise requires,-- [x x x x]; [(b) "advance ruling" means a written decision on any of the questions referred to in section 28H raised by the applicant in his application in respect of any goods prior to its importation or exportation]; [x x x x] [(c) "applicant" means any person,-- (i) holding a valid Importer-exporter Code Number granted under section 7 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992); or (ii) exporting any goods to India; or (iii) with a justifiable cause to the satisfaction of the Authority, who makes an application for advance ruling under section 28H;] [Explanation.---For the purposes of this clause, joint venture in India means a contractual arrangement whereby two or more persons undertake an economic activity which is subject to joint control and one or more of the participants or partners or equity holders is a non-resident having substantial interest in such arrangement]. (d) "application" means an application made to the Authority under sub-section (1) of section 28H; [(e) "Authority" means the Customs Authority for Advance Rulings appointed under section 28EA;] [x x x x] [x x x x] [(h) "non-resident", "Indian company" and "foreign company" have the meanings respectively assigned to them in clauses (30), (26) and (23A) of section 2 of the Income-tax Act, 1961 (43 of 1961).] Chapter VB (containing sections 28E to 28M) ins. by Act 27 of 1999, sec. 103 (w.e.f. 11-5-1999). Clause (a) omitted by Act 13 of 2018, s. 64 (w.e.f. 28-3-2018). Subs. by s. 64, ibid., for clause (b) (w.e.f. 28-3-2018). Omitted by Act 33 of 2021, s. 12 (w.e.f. 4-4-2021). Subs. by s. 64, ibid., for clause (c) (w.e.f. 28-3-2018). Ins. by Act 22 of 2007, s. 97 (w.e.f. 11-5-2007). Subs. by Act 13 of 2018, s. 64, for clause (e) (w.e.f. 28-3-2018). Clause (f) omitted by Act 33 of 2021, s. 12 (w.e.f. 4-4-2021). Clause (g) omitted by Act 33 of 2021, s. 12 (w.e.f. 4-4-2021). Subs. by Act 32 of 2003, s. 110, for clause (h) (w.e.f. 14-5-2003).