Advance ruling clarifies GST issues such as classification, tax liability, input credit and registration requirements. An applicant may seek an advance ruling by applying in the prescribed form, manner and fee, posing questions limited to classification of goods or ... Summary
Advance ruling clarifies GST issues such as classification, tax liability, input credit and registration requirements.
An applicant may seek an advance ruling by applying in the prescribed form, manner and fee, posing questions limited to classification of goods or services; applicability of notifications; determination of time and value of supply; admissibility of input tax credit; liability to pay tax; requirement to register; and whether a particular act amounts to a supply under the GST law.
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