CA Final · Indirect Tax Laws · Advance Ruling
Meridian Foods Pvt Ltd, Pune, wants an advance ruling on the classification of a new snack product. It files the application on the common portal. What fee must accompany the application in FORM GST ARA-01 under the CGST Rules, 2017?
The fee is Rs 5,000. The Rules require an application for advance ruling in FORM GST ARA-01 to be filed on the common portal with a fee of five thousand rupees. The Rs 10,000 fee applies to an appeal filed by an applicant, not to the original application.
- ARs 2,500
- BRs 5,000Correct
- CRs 10,000
- DNo fee, since the application is filed online
Explanation
The rule on the form and manner of application to the Authority for Advance Ruling requires FORM GST ARA-01 to be filed on the common portal with a fee of five thousand rupees, deposited in the manner specified in section 49. Rs 10,000 is the fee for an appeal by an applicant, not for the application itself.
Did you get it right without looking?
One question tells you little. A timed set on Advance Ruling shows your real accuracy, how long you take and where you lose marks.
More Advance Ruling questions
- The jurisdictional officer of central tax disagrees with an advance ruling issued by the Authority for Advance Ruling in favour of Himalaya …
- Shreeji Textiles Pvt Ltd, a registered person in Surat, wants an advance ruling on the classification of a new fabric. It files the applicat…
- Kaveri Foods Ltd obtained an advance ruling from the Authority for Advance Ruling and was dissatisfied with it. It then appealed to the Appe…
- Kaveri Foods Ltd obtained an advance ruling from the Authority for Advance Ruling and was dissatisfied with it. It files an appeal on the co…
- A jurisdictional officer of State tax disagrees with an advance ruling given to Ganga Foods Ltd and wishes to appeal. Under the CGST Rules, …
- An advance ruling was pronounced in favour of Ganga Polymers Ltd on the rate of tax applicable to a product. A year later, a notification ch…