Rule 107 lets an applicant withdraw its advance pricing agreement application any time before the terms are finalised, but the fee is not refunded.
107
Rules 2026 · Rule 107
Withdrawal of application for agreement (advance pricing agreement)
Rules 77-130
The rule. The applicant may withdraw by intimation to the Principal Chief Commissioner of Income-tax (International Taxation) for a unilateral agreement, or to the competent authority of India for a bilateral or multilateral agreement, at any time before the terms of the agreement are finalised (sub-rule 1). The fee paid is not refunded on withdrawal (sub-rule 2).