Advance rulings can help taxpayers plan activities that attract GST before undertaking them. It brings clarity to the interpretation of the laws and accompanying rules. You can refer to this article for an overview of Advance Ruling under GST. In brief, the Advance Ruling is issued by the Authority of Advance Ruling (AAR), which is … Read moreHow To Get Advance Rulings On GST Portal?
An Advance ruling is a written interpretation of the tax laws that brings certainty while determining the tax liabilities. This binds the applicant and also the Government authorities. An advance ruling is a comprehensive provision to ensure minimal disputes. Concerned authorities are also bound to adhere to timelines to pass the advance ruling and thus … Read moreAdvance Ruling in GST