https://www.taxtmi.com/news?id=276 Consolidation of separate advance-ruling bodies into a single Authority for Advance Rulings for central tax laws is proposed by the Authority for Advance Rulings on Central Taxes Bill, 2007, following a review that found inadequate workload for multiple Authorities; the Bill seeks to enact a standalone statute and make consequential amendments to the Income-tax, Customs, Central Excise, Central Sales Tax and Finance Acts so the new Authority can issue binding advance rulings on tax liability questions. en-us Tue, 05 Feb 2008 03:01:00 +0530 Tue, 24 Jun 2008 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=276 Consolidation of separate advance-ruling bodies into a single Authority for Advance Rulings for central tax laws is proposed by the Authority for Advance Rulings on Central Taxes Bill, 2007, following a review that found inadequate workload for multiple Authorities; the Bill seeks to enact a standalone statute and make consequential amendments to the Income-tax, Customs, Central Excise, Central Sales Tax and Finance Acts so the new Authority can issue binding advance rulings on tax liability questions. News - Tue, 05 Feb 2008 03:01:00 +0530 https://www.taxtmi.com/news?id=276