To facilitate foreign investment into the country a number of steps have been taken by Government of India in the past. Setting up an Authority for Advance Rulings (Central Excise, Customs & Service Tax) to give binding rulings, in advance, on Central Excise, Customs and Service Tax matters pertaining to an investment venture in India is one such measure. The legal provisions of Advance Rulings were introduced through the Finance Acts of 1998, 1999 and 2003.
Goods and Services Tax : West Bengal AAR rules food supply to hospital canteens taxable under GST. Catering services by third parties not exempt under heal...
Goods and Services Tax : GST on aggregator services for diagnostics is taxable at 18%. AAR Karnataka clarifies GST obligations and non-eligibility for TCS ...
CA, CS, CMA : Summary of key notifications in Income Tax, GST, SEBI, and IBBI regulations during the week of Nov 18-24, 2024, covering filing pr...
Goods and Services Tax : Advance Ruling Maharashtra clarifies that technical consultancy services for MJP's water projects are taxable under GST at 18% if ...
Goods and Services Tax : The AAAR ruled that GST applies to employee car leases when costs are recovered from employees, confirming the AAR's previous deci...
Income Tax : From October 2024, applicants can withdraw advance ruling requests pending with the Board for Advance Rulings by October 31. Final...
Income Tax : This handbook aims to provide general guidance on the scheme of Advance Rulings under the Indian Income-tax Act, 1961 (the Act). I...
Income Tax : CBDT launches Boards for Advance Rulings in Delhi & Mumbai, providing tax clarity to investors and entities. Learn more about this...
Goods and Services Tax : New functionality to search for GST Advance Ruling Orders issued by Authority / Appellate Authority for Advance Ruling on GST Por...
Goods and Services Tax : Authority for Advance Ruling (AAR) constituted under the provisions of a SGST/ UTGST Act, in terms of the provisions of Section 96...
Goods and Services Tax : Bombay HC clarifies 'already pending or decided' under CGST Act. Respondent directed to resolve advance ruling application within ...
Goods and Services Tax : AAR ruling confirms that R.V Hydraulic Services can claim ITC on IGST payment for imported machinery even if Bill of Entry is not ...
Goods and Services Tax : GST liability on rent for government-occupied private buildings discussed in Andhra Pradesh AAR ruling. Who pays: owner or tenant?...
Goods and Services Tax : The Gujarat AAAR has clarified the GST rate for various instant mix flours, including Gota Mix, Methi Gota Mix, and Dosa Mix. The ...
Custom Duty : CAAR Mumbai clarifies the classification of Assy Guide Rails under Customs Tariff Act 87089900 as parts of motor vehicles, focusin...
Goods and Services Tax : Explore the constitution & members of the Advance Ruling Authority under Maharashtra VAT Act 2002. Detailed analysis on its implic...
Goods and Services Tax : Maharashtra Goods and Services Tax Authority makes changes in its lineup, appointing Shri. Ajaykumar Vaman Bonde as a member of Ad...
Income Tax : CBDT notifies e-advance rulings (Amendment) Scheme, 2023 which amend e-advance rulings Scheme, 2022. Amendments are related to Boa...
Goods and Services Tax : The Ministry of Finance, Department of Revenue, has issued Notification No. 02/2023 – Union Territory Tax on May 25, 2023. T...
Income Tax : F No. 189/3/2022-ITA-I Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, ...
Explore the CAAR Delhi ruling on Prenda Creations Pvt Ltd’s import of Roasted Areca Nuts. Learn about HS Code classification, exemption eligibility under Customs Tariff Act, and procedural requirements.
Explore CAAR Delhi’s ruling on classification of imported Roasted Areca Nuts (Whole/Cut) under Customs Tariff Act. Detailed analysis & conclusion.
AAAR Tamil Nadu rejects TANGEDCO’s application, citing pending Supreme Court decision on the matter, ensuring adherence to GST Act Section 98(2) provisions.
Discover how the Odisha AAR allows ITC on exempt services where the supplier has charged GST. Understand conditions and implications under the CGST Act, 2017.
Discover if penalties for contract breaches are subject to GST as ruled by AP-AAR. Learn how liquidated damages impact tax liabilities under GST law.
Court clarified that an Advance Ruling is only binding on the applicant and jurisdiction that issued it, not on third-party taxpayers or other jurisdictions.
1. INTRODUCTION: ADVANCE RULING MECHANISM IN GST 1.1 The Advance Ruling is issued by tax authorities to companies/firms who request for clarification of certain tax matters, specifically when the taxpayer is uncertain about certain provisions of the CGST Act, 2017 and CGST Rules, 2017. 1.2 The provisions of CGST Act, 2017 and CGST Rules, 2017 […]
Explore the CAAR Mumbai full text order on classification of Viewsonic computer monitors under Customs Act 1962, eligibility for exemption under Notification No. 24/2005.
Explore the GST advance ruling on whether equipment, materials, consumables, and tools used by Hindustan Shipyard Limited qualify as parts under GST Entry No.252.
Explore if GST applies to liquidated damages recovered by Transmission Corporation of Andhra Pradesh Ltd for breach or non-performance of contracts.
