CONSULTANCY ON FILING AAR- GST
Advance Ruling is said to be the authoritative decision taken by an Authority entitled to render it regarding the tax consequences of a transaction or proposed transaction or an assessment in regard thereto. It is defined in Section 245N(a) of the Income-tax Act, 1961 as amended from time-to-time.
The Objective for Setting up Such an Authority is to:
- Provide certainty in tax liability in advance in relation to an activity proposed to be undertaken by the applicant.
- Attract Foreign Direct Investment (FDI).
- Reduce the litigation.
- Pronounce ruling expeditiously in transparent and inexpensive manner.
We, at Ratio Legis Law LLP, help our clients with filing AAR-GST most effectively. The process that we follow is legal and approved. We carry out practices precisely and carefully in order to create the least chaos that could ever be there.