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Please explain the concept of Advance Ruling unde…

Please explain the concept of Advance Ruling under GST

Please explain the concept of Advance Ruling under GST

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Chiranjibi Chapagain Jul. 27, 2018

In order to avoid the long process of appeal and litigation, a taxpayer may request for the advance ruling under GST.

The taxpayer asks for clarification from GST authorities on GST treatment before starting the proposed activity.

The tax authority gives a written decision (called advance ruling) to the applicant on the query. Then he can begin his business without worrying about prosecution.