An advance ruling is sought when an applicant is desirous of knowing the correct and written interpretations of tax laws with respect to activities undertaken or proposed to be undertaken.
An applicant (any person) desirous of obtaining an advance ruling have to make an application in FORM GST ARA-01 along with payment of fees of Rs 5,000/-, stating the question on which the advance ruling is sought. The matters / question on which the advance ruling can be sought are as under:
STEPS | DESCRIPTION |
---|---|
1 - | Application to be made in FORM GST ARA-01 along with payment of fees of Rs 5,000/-, stating the question on which the
advance ruling is sought. Note : Application will not be admitted where the question raised in the application is already pending or decided in any proceedings in the case of an applicant under any of the provisions of this Act |
2 - | Application will be forwarded to the concerned officer and information will be called for, if any required. |
3 - | After going the information obtained / gathered / collected, the concerned officer may accept or reject the application. However, rejection will be made after giving opportunity of being heard to the applicant. |
4 - | The Authority will pass the speaking order within ninety days from the date of receipt of application duly certified by all the Authority members. |
The Appellate Authority will confirm or modify the ruling appealed against within 90 days from the date of application. A copy of the advance ruling signed by the Members will be sent to the applicant, the concerned officer, the jurisdictional officer and to the Authority.
Provided that no rectification which has the effect of enhancing the tax liability or reducing the amount of admissible input tax credit shall be made after giving an opportunity of being heard.
Ruling obtained by the applicant or the appellant by fraud or suppression of material facts or misrepresentation of facts will be void ab-initio and it will be deemed that such ruling has never been obtained.