Revamping GST AAR mechanism

The advance ruling mechanism under GST is about to be revamped by setting up either a centralised authority or 4 regional authorities, in the wake of the contradictory orders passed by AARs in different states.

Under the Goods and Services Tax (GST) law, each state is required to set up Authority for Advance Rulings (AAR) comprising one member from the central tax department, and the other from the respective state.