Advance ruling

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05 May 2014 Discuss advance ruling in service tax.

06 May 2014 As per Section 96A(a) of the Act, "Advance Ruling" means the determination, by the authority, of a question of law, or fact regarding the liability to pay service tax in relation to a service proposed to be provided by the applicant.

Following matters on which Advance Ruling can be sought: 96C(2)

a) Classification of any service as a taxable service
b) Valuation of taxable service for charging service tax
c) Principles to be adopted for the purpose of determination of value of the taxable service
d) Applicability of notification issued under service tax regime
e) Admissibility of credit of duty paid or tax in terms of the rules made in this regard
f) Determination of the liability to pay service tax on a taxable service.



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