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Whether a Government company can apply for a advance ruling ? if yes, whether subsidiary of a government company will be treated as a government company who can apply for a advance ruling ?

Dated:- 9-4-2015 - 26 - Advance Rulings Yes. As per notification no. 27/2009 - ST dated 20-8-2009, a government company can apply for a advance ruling. In case of a subsidiary of government company, he is also allowed to apply for a advance ruling. I .....

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d section 4(1)(c) read with section 617 of the Companies Act, 1956, it is clearly established that the petitioners are Government Companies being subsidiaries of Gujarat State Petronet Ltd. The holding company and each subsidiary company are separate .....

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