GST advance rulings: Useful, despite ‘pro-revenue trend’

After more than a year of GST, around 130 advance rulings and nine appellate orders have been pronounced by the Authority of Advance Ruling (AAR) and the Appellate Authority of Advance Ruling (AAAR) of various states. Most of these have been decided in favour of the Revenue Department – leading to the perception of a “pro-revenue trend” and creating hesitation in taxpayers and their advisers in op…