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<h1>Advance ruling clarifies classification, tax applicability, valuation, input tax credit, liability, registration and supply characterisation.</h1> Advance ruling under Section 97 may be sought on classification of goods or services; applicability of notifications affecting tax rate; valuation principles for goods or services; admissibility of input tax credit; determination of tax liability; requirement to register; and whether a particular act or transaction constitutes a supply of goods or services.