TMI Blog2018 (6) TMI 429X X X X Extracts X X X X X X X X Extracts X X X X ..... modification in the plant or machinery or on the production of new products during residual period of exemption - maintainability of advance ruling application. Held that:- Authority observes that the clarification requested by the applicant on the notification as well circular are not issued under the provisions of this Act. Moreover, advance ruling requested by the applicant also do not fall ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of notification dated 5.10.2017 issued by DIPP, Ministry of Commerce and Industry read with CBEC Circular No. 1060/9/2017-Cx. Dated 27th November 2017 in respect of following issues :- (a) If the assessee takes over an eligible unit as a going concern under, slump sale agreement and there is a change in the ownership of the unit which was availing the benefit of area based exemption notificati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Section 97 of the CGST Act advance ruling can be sought by an applicant in respect of :- (a) Classification of any-goods or services or both. (b) Applicability of a notification issued under the provisions of this Act, (c) Determination of time and value of supply of goods or services or both, (d) Admissibility of input tax credit of tax paid or deemed to have been paid (e) Dete ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arification requested by the applicant on the notification as well circular are not issued under the provisions of this Act. Moreover, advance ruling requested by the applicant also do not fall under sub-clause (a) to (g) of Section 97(2) of the CGST/SGST, Act which provides the list of subjects on which advance ruling can be sought. 7. Accordingly, authority concludes that the questions raised ..... X X X X Extracts X X X X X X X X Extracts X X X X
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