Govt planning to revamp GST AAR mechanism

Govt planning to revamp GST AAR mechanism

The government is planning to revamp the advance ruling mechanism under GST by setting up either a centralised authority or four regional authorities, in the wake of the contradictory orders passed by Authority for Advance Rulings (AARs) in different states. Under the GST law, each state is required to set up AAR comprising one member from the central tax department, and the other from the respective state.

The Business Standard, New Delhi, 06th June 2018

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