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<h1>Advance ruling: procedure to obtain binding clarity on classification, valuation, tax liability, registration and input tax credit.</h1> An applicant may seek an advance ruling by applying in the prescribed form and manner and paying the prescribed fee; permissible questions are limited to classification of goods or services, applicability of notifications affecting tax rate, valuation principles, admissibility of input tax credit, determination of tax liability, requirement to register, and whether a particular act constitutes a supply under the Act.