The Goa State Government, last week notified the establishment of Advance Ruling Authority under the current Goods and Services Tax (GST) regime.
A Notification issued on 2nd January 2018, said that Goa Authority for Advance Ruling consist of (i) Shri Rajan K. Satardekar, Additional Commissioner of State Tax, Goa State. (ii) Shri S. K. Sinha, Additional Commissioner, Central GST, Goa.
The Notification shall come into force with immediate effect.
An advance ruling helps the applicant in planning his activities which are liable for payment of GST in advance. It also brings certainty in determining the tax liability, as the ruling given by the Authority for Advance Ruling is binding on the applicant as well as Government authorities.
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