<s>[INST] Who can apply for an advance ruling? [/INST] "​​Applicant" can be any person who is :-
A non-resident desirous of setting-up a joint venture in India in collaboration with a non-resident or a resident; or.
A resident desirous of  setting-up a joint venture in India in collaboration with a non-resident; or
A resident;
Public Sector Company. (PSU) </s>