Advance Ruling under GST – Is it worth exploring?

The introduction of Goods and Service Tax (‘GST’) from 1 July 2017 was a biggest tax reform in India since independence as GST had subsumed majority of key indirect taxes which were there in system since decades. GST has also made substantial change not only on taxability of the goods/ services, but also the time when the same would be taxable and also, the rate at which the same would be taxable.

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