Categories:

What are the questions on which advance ruling under GST may be sought?

2021-11-16 | admin

The law provides an exhaustive list of issues on which an Advance Ruling may be sought by an applicant:
1. classification of any goods or services or both
2. applicability of a notification issued under the GST Law
3. determination of time of supply of goods or services or both
4. determination of the value of supply of goods or services or both
5. admissibility of input tax credit
6. determination of the liability to pay tax on any goods or services or both
7. whether the applicant is required to be registered
8. Whether any transaction amounts to or results in a supply of goods or services or both.

Thus, the questions for which an advance ruling may be obtained are categorically prescribed and no queries other than these would be entertained for advance rulings. For example, determination of place of supply or location of the supplier are contentious issues and have a direct bearing on the nature of tax to be paid, and the State to which such revenue would accrue. However, no advance ruling can be sought for the same.

Leave a comment

Your email address will not be published. Required fields are marked *

Open chat
1
Scan the code
Hello 👋
Can we help you?