Authority for Advance Ruling established with central and state officers appointed to issue binding advance rulings. Establishes an Authority for Advance Ruling by government notification, permitting designation of an authority in another State on Council recommendation; ... Summary
Authority for Advance Ruling established with central and state officers appointed to issue binding advance rulings.
Establishes an Authority for Advance Ruling by government notification, permitting designation of an authority in another State on Council recommendation; provisions require two members-one central tax officer and one State tax officer-appointed respectively by the Central and State Governments; qualifications, appointment method, and terms and conditions of service are to be prescribed.
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