Advance ruling clarifies GST classification, tax liability, input tax credit admissibility and registration requirements. Advance ruling procedure permits an applicant to seek a formal determination on specified GST issues by filing an application in the prescribed form, ... Summary
Advance ruling procedure permits an applicant to seek a formal determination on specified GST issues by filing an application in the prescribed form, manner and fee and stating the precise question. Permissible questions are limited to classification of goods or services; applicability of a notification; determination of time and value of supply; admissibility of input tax credit; liability to pay tax on goods or services; requirement for registration; and whether a specified act amounts to a supply.
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