Authority for advance ruling.

Section 96

Subject to the provisions of this Chapter, for the purposes of this Act, the Authority for advance ruling constituted under the provisions of a State Goods and Services Tax Act or Union Territory Goods and Services Tax Act shall be deemed to be the Authority for advance ruling in respect of that State or Union territory.

AI Explanation

In simple terms, Section 96 of the Act discusses the Authority for Advance Ruling. This authority is crucial for interpreting and applying the law effectively. Let's break down the key points:

1. Purpose of the Authority: The Authority for Advance Ruling is established to provide guidance on the interpretation and application of the State Goods and Services Tax Act or Union Territory Goods and Services Tax Act.

2. Deemed Authority: According to this section, the Authority for Advance Ruling under a State Goods and Services Tax Act or Union Territory Goods and Services Tax Act is considered the official authority for that specific state or union territory.

3. Chapter Provisions: The functioning of this authority is subject to the rules and regulations outlined in this chapter.

Conclusion

In essence, Section 96 ensures that the Authority for Advance Ruling plays a crucial role in clarifying tax-related matters, serving as a go-to resource for individuals and businesses seeking guidance in a particular state or union territory.