No Advance Ruling in absence of supply of goods or services or both by applicant

In re Technip UK Limited (GST AAR Maharastra)

From a perusal of the provisions relating to Advance Ruling, it is seen that Advance Ruling means a decision provided by this authority to an applicant on specified questions and matters in relation to the supply of goods or services or both or being undertaken or proposed to be undertaken by the applicant. Thus the broad objective for setting up this mechanism is to –

i) . provide certainty in tax liability in advance, in relation to an activity proposed to be undertaken by the applicant;

ii) attract Foreign Direct Investment (FDI);

iii) reduce litigation;

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