Key learnings from GST advance rulings: Not all that 'bad'

It has been nearly 540 days since the introduction of  goods and services tax  (GST) and we already have around 280 advance rulings and 40 orders from Appellate Authority of Advance rulings in various states. Given the design of the advance ruling mechanism under  GST  wherein such authorities are effectively being manned by senior tax officers, several advance rulings have gon…