https://www.taxtmi.com/forum/issue?id=119277 An advance ruling is binding only while the law, facts, and circumstances that underpinned it remain unchanged; if an inward supply originally held to qualify for ITC is later used for personal or non business purposes, that change of facts removes the ruling's applicability prospectively. Advance rulings apply to transactions matching the material facts considered at the time and cease to be relevant when those facts or the law change, reflecting the limited shelf life of AAR/AAAR determinations. en-us Mon, 26 Aug 2024 12:54:58 +0530 Fri, 24 Jan 2025 10:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119277 An advance ruling is binding only while the law, facts, and circumstances that underpinned it remain unchanged; if an inward supply originally held to qualify for ITC is later used for personal or non business purposes, that change of facts removes the ruling's applicability prospectively. Advance rulings apply to transactions matching the material facts considered at the time and cease to be relevant when those facts or the law change, reflecting the limited shelf life of AAR/AAAR determinations. Discussion-Forum GST Mon, 26 Aug 2024 12:54:58 +0530 https://www.taxtmi.com/forum/issue?id=119277