Section 96 of CGST Act, 2017 – Authority for Advance Ruling
Section 96 of CGST Act, 2017 – Authority for Advance Ruling Act: Central Goods and Services Tax Act, 2017 Chapter: XVII – Advance Ruling Section Covered: Section 96 Effective From: 01st July 2017 🔎 Introduction Section 96 of the CGST Act, 2017 provides for the constitution of the Authority for Advance Ruling (AAR) under GST. This section lays the foundation for the Advance Ruling mechanism by formally establishing the authority that is empowered to issue rulings on specified GST matters. The objective is to provide clarity and certainty to taxpayers before or during transactions. 📜 Bare Provision – Section 96 Subject to the provisions of this Chapter, for the purposes of this Act, the Authority for Advance Ruling constituted under the provisions of a State Goods and Services Tax Act or Union Territory Goods and Services Tax Act shall be deemed to be the Authority for Advance Ruling in respect of that State or Union territory. ✅ Meaning in Simple Words Sectio...