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Objectives
The objective of any advance ruling, including under GST is to-
1. Provide certainty for tax liability in advance in relation to a future activity to be
undertaken by the applicant
2. Attract Foreign Direct Investment (FDI) By clarifying taxation and showing a
clear picture of the future tax liability of the FDI. The clarity and clean taxation will
attract non-residents who do not want to get involved in messy tax disputes.
3. Reduce litigation and costly legal disputes
4. Give decisions in a timely, transparent and inexpensive manner
Rectification of Mistakes
The Authority or the Appellate Authority can amend its own order to rectify any apparent
mistake if it is noticed within 6 months from the date of the order by –
The Authority or the Appellate Authority on its own or
By the prescribed or the jurisdictional CGST / SGST officer or
The applicant
If a rectification has the effect of enhancing the tax liability or reducing the quantum of input tax
credit, the applicant must be heard before the order is passed.