Section 23A. Definitions

23A. Definitions .—In this Chapter, unless the context otherwise requires,— 3 [(a) "activity" means production or manufacture of goods and includes any new business of production or manufacture proposed to be undertaken by the existing producer or manufacturer, as the case may be;] (b) "advance ruling" means the determination, by the authority of a question of law or fact specified in the application regarding the liability to pay duty in relation to an activity proposed to be undertaken, by the applicant; 4 [(c) "applicant" means— (i) (a) a non-resident setting up a joint venture in India in collaboration with a non-resident or a resident; or (b) a resident setting up a joint venture in India in collaboration with a non-resident; or (c) a wholly owned subsidiary Indian company, of which the holding company is a foreign company, 1. Subs. by Act 25 of 2014, s. 95, for "Commissioner of Central Excise".