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#Advance Ruling

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.

5,084 articles
Income TaxIntersting one- Avoiding double taxation overseas
Income Tax

Intersting one- Avoiding double taxation overseas

TG Team19 years ago
Income TaxI-T dept moves SC against AAR ruling that foreign firms are not liable to pay tax on assignment amount charged from their Indian subsidiaries if contracts are signed outside the country
Income Tax

I-T dept moves SC against AAR ruling that foreign firms are not liable to pay tax on assignment amount charged from their Indian subsidiaries if contracts are signed outside the country

TG Team19 years ago