Advance ruling provides applicant-specific tax certainty and binding guidance on classification and input tax credit.

Advance ruling under GST is a decision on matters such as classification, notification applicability, time and value of supply, input tax credit admissibility, tax liability and registration; it applies to proposed and past transactions and aims to provide tax certainty and reduce litigation. Such ruling is binding only on the applicant and the concerned officer while the supporting law, facts, and circumstances remain unchanged. The Authority or Appellate Authority may declare a ruling void ab initio for fraud, suppression, or misrepresentation after hearing, with recovery measures applicable excluding the period the ruling had effect.

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