What is the meaning of Advance Ruling?

What is the meaning of Advance Ruling?
Question 1
Bill
Advance Ruling
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 1. What is the meaning of Advance Ruling?
Ans. As per section 94 of Model CGST/SGST Law, 'advance ruling' means a written decision provided by the authority to an applicant on matters or on questions as enumerated in section 97 and appeals thereon (section 99).

Statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxa

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