Section 97 of CGST Act, 2017 : Section 97: Application For Advance Ruling
CGST Act, 2017
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Explanation using Example
Imagine a company, ABC Ltd., that manufactures and sells electronic goods. The company is planning to launch a new smartwatch and is uncertain about the Goods and Services Tax (GST) implications. Specifically, they are unsure about the correct GST rate for the smartwatch, as it could be considered either a wearable device or a luxury electronic good.
To seek clarity, ABC Ltd. decides to ...
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