https://www.taxtmi.com/article/detailed?id=5731 Resident private limited companies are now expressly eligible to obtain advance rulings in Central Excise, Customs and Service Tax matters through notifications dated 11.07.2014; the terms "private limited company" and "resident" are defined by reference to the Companies Act, 2013 and the Income tax Act, 1961. This inclusion brings resident private limited companies within the procedural advance ruling framework to obtain pre decisions on tax classification and liability, thereby promoting uniform treatment and reducing potential litigation. en-us Tue, 15 Jul 2014 09:58:20 +0530 Tue, 15 Jul 2014 09:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5731 Resident private limited companies are now expressly eligible to obtain advance rulings in Central Excise, Customs and Service Tax matters through notifications dated 11.07.2014; the terms "private limited company" and "resident" are defined by reference to the Companies Act, 2013 and the Income tax Act, 1961. This inclusion brings resident private limited companies within the procedural advance ruling framework to obtain pre decisions on tax classification and liability, thereby promoting uniform treatment and reducing potential litigation. Articles Central Excise Tue, 15 Jul 2014 09:58:20 +0530 https://www.taxtmi.com/article/detailed?id=5731