The Central Board of Direct Taxes through notification dated 1st September, 2021 has commenced the operation of the Customs Authority for Advance Rulings and Board for Advance Rulings. The Authority for Advance Rulings shall not admit any appeal against any ruling or order passed earlier by it in the capacity of the Authority for Advance Rulings in relation to any matter under Chapter V of the Customs Act, 1962 after 1st day of September, 2021, the date of appointment of the Customs Authority for Advance Rulings.
No proceeding before, or pronouncement of advance ruling by, the Board for Advance Rulings shall be questioned or shall be invalid on the ground merely of the existence of any vacancy or defect in the constitution of the Board. The procedure for functioning of Board for Advance Rulings is also provided.
