Advance Ruling is the decision of the Authority for Advance Ruling or the Appellate Authority on questions relating to supply of goods or services or both being undertaken or proposed to be undertaken. The provisions of the same are specified under Section 95 to 106 of the CGST Act, 2017 and its Counterpart State Goods & Services Tax Acts. As we have seen with the introduction of GST the Taxpayers are facing a lot of issues as to the Rate of Tax of certain goods and services or whether Input Tax Credit is available or not or as to exemption of certain goods or services. The Authority for Advance Rulings established in different states have started delivering Advance Rulings on different Aspects of GST, but mostly the decisions are favoring the Government / Department. The Authority is taking a risk free view and in some cases even though the case of the Applicant is favoring the Taxpayer, the Authority for Advance Ruling is taking a view which is pro Government. For example, if the Rate of Tax for a certain item is to be determined, the higher rate is preferred. Confusions are also arising out of the decisions, as an Authority in one State may have a different view than the Authority is another State on the same issue. Even Appellate Authorities in different states prefer different views in queries of the same nature. Thereby making the remedy of Appeal ineffective. The Advance Ruling is binding only on the Applicant and the concerned officer. So if one is thinking of filing an Application of Advance Ruling they should not have a casual approach and should weigh out the pros and cons as it would be binding on the Taxpayer and should be ready to bear the consequences.

CUSTOMS – TARIFF

 

 

 

CUSTOMS - NON-TARIFF

 

Notification No. 20/2018- Cus (NT/CAA/DRI) d.t 24.09.2018:
Appointment of Common Adjudicating Authority by DGRI Read More

 

Notification No. 82/2018-Cus (NT) d.t 24.09.2018:
Regarding amendment in notification No. 89/2017-Cus (N.T.) dated 21.09.2017 relating to AIRs of Duty Drawback on Gold Jewellery, Silver Jewellery and Silver Articles Read More

 

Notification No. 81/2018-Cus (NT) d.t 20.09.2018:
Exchange Rates Notification. Read More

 

Notification No. 80/2018-Cus (NT) d.t 19.09.2018:
Exchange Rates Notification. Read More

 

CUSTOMS – CIRCULARS

 

Circular No. 33/2018, dt. 19.09.2018:
Sanction of pending IGST refund claims where the records have not been transmitted from GSTN to DG (System) Read More

 

CGST

 

Notification No. 52/2018-Central Tax dt. 20.09.2018:
Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for intra-State taxable supplies Read More

 

CGST (RATE)

 

Notification No. 23/2018-Central Tax (Rate) dt. 20.09.2018:
Seeks to insert explanation in an entry in notification No. 12/2017 – Central Tax (Rate) by exercising powers conferred under section 11(3) of CGST Act, 2017. Read More

 

IGST

 

Notification No. 02/2018- Integrated Tax dt. 20.09.2018:
Seeks to notify the rate of tax collection at source (TCS) to be collected by every electronic commerce operator for inter-State taxable supplies Read More

 

IGST (RATE)

 

Notification No. 24/2018- Integrated Tax (Rate) dt. 20.09.2018:> Seeks to insert explanation in an entry in notification No. 9/2017 – Integrated Tax (Rate) by exercising powers conferred under section 6(3) of IGST Act, 2017. Read More

 

UTGST (RATE)

 

Notification No. 24/2018- Integrated Tax (Rate) dt. 20.09.2018:> Seeks to insert explanation in an entry in notification No. 12/2017 – Union Territory Tax (Rate) by exercising powers conferred under section 8(3) of UTGST Act, 2017. Read More

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