Chapter XVII (Sections 95-106) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to advance ruling. Section 97 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for Liability in other cases under CGST Act 2017.
Recently, we have discussed in detail section 96 (i.e. Authority for advance ruling) of CGST Act 2017. Today, we learn the provisions of section 97 of the CGST Act 2017. Complete Details of CGST Section 97 – Application for advance ruling. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 97 of CGST Act 2017
Section 97 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 97 of CGST Act 2017 read with Central GST Rules 2017.
An applicant desirous of obtaining an advance ruling under this Chapter may make an application in such form and manner and accompanied by such fee as may be prescribed, stating the question on which the advance ruling is sought.
The question on which the advance ruling is sought under this Act, shall be in respect of, ––
(a) classification of any goods or services or both;
(b) applicability of a notification issued under the provisions of this Act;
(c) determination of time and value of supply of goods or services or both;
(d) admissibility of input tax credit of tax paid or deemed to have been paid;
(e) determination of the liability to pay tax on any goods or services or both;
(f) whether applicant is required to be registered;
(g) whether any particular thing done by the applicant with respect to any goods or services or both amounts to or results in a supply of goods or services or both, within the meaning of that term.