Skip to content

CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · Assessment, Audit, Scrutiny, Demand and Recovery, Advance Ruling, Appeals and Revision

Which of the following is a question on which an applicant may seek an advance ruling under GST?

An applicant can seek an advance ruling on classification of goods or services under a tariff heading. Rulings cover prospective questions on supply, classification, notifications, value and credit, while past assessments, searches and penalties are addressed through appeal or other remedies.

  1. AWhether a particular supply is classified under a specific tariff headingCorrect
  2. BWhether the applicant's past assessment was correctly completed by the proper officer
  3. CWhether an ongoing search at the applicant's premises is lawful
  4. DWhether a penalty already imposed should be waived

Explanation

Advance ruling covers matters such as classification of goods or services, applicability of notifications, time and value of supply, and admissibility of input tax credit. Challenges to completed assessments, searches or penalties are handled through appeals, revision or writ remedies, not advance ruling.

Did you get it right without looking?

One question tells you little. A timed set on Assessment, Audit, Scrutiny, Demand and Recovery, Advance Ruling, Appeals and Revision shows your real accuracy, how long you take and where you lose marks.

Practise Assessment, Audit, Scrutiny, Demand and Recovery, Advance Ruling, Appeals and RevisionFree diagnostic mock

More Assessment, Audit, Scrutiny, Demand and Recovery, Advance Ruling, Appeals and Revision questions