Restaurant business transfers qualify for GST exemption as going concerns when operations can continue independently despite retained past liabilities...
Voluntary customs statements and seizure evidence support penalties for attempted export of red sanders where alleged retractions remain unsubstantiat...
Advance rulings concern an applicant's own supplies, tax liabilities and obligations. Although section 97(2)(d) permits questions about input tax credit, it covers credit on the applicant's inward supplies, not a customer's credit on the applicant's outward supplies. A lessor cannot seek an advance ruling on its tenant's entitlement to credit against debit notes for commercial rent. Under section 103, a ruling binds the applicant and its concerned or jurisdictional officer, but not the tenant.
Advance rulings concern an applicant's own supplies, tax liabilities and obligations. Although section 97(2)(d) permits questions about input tax credit, it covers credit on the applicant's inward supplies, not a customer's credit on the applicant's outward supplies. A lessor cannot seek an advance ruling on its tenant's entitlement to credit against debit notes for commercial rent. Under section 103, a ruling binds the applicant and its concerned or jurisdictional officer, but not the tenant.
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