Chapter XVII (Sections 95-106) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to advance ruling. Section 103 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for Applicability of advance ruling under CGST Act 2017.
Recently, we have discussed in detail section 102 (i.e. Rectification of advance ruling) of CGST Act 2017. Today, we learn the provisions of section 103 of the CGST Act 2017. Complete Details of CGST Section 103 – Applicability of advance ruling. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 103 of CGST Act 2017
Section 103 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017 – Central Tax, G.S.R. 658(E), dated 28.06.2017. In this note, you will learn detail of the provisions of section 103 of CGST Act 2017 read with Central GST Rules 2017.
The advance ruling pronounced by the Authority or the Appellate Authority under this Chapter shall be binding only—
(a) on the applicant who had sought it in respect of any matter referred to in sub-section (2) of section 97 for advance ruling;
(b) on the concerned officer or the jurisdictional officer in respect of the applicant.
The advance ruling referred to in sub-section (1) shall be binding unless the law, facts or circumstances supporting the original advance ruling have changed.