AAR: Advance Ruling cannot be sought for ‘hypothetical question’ which has not yet materialised

Gujarat AAR rules that no clarification can be sought for Advance Ruling on the basis of hypothetical questions on an issue which has not materialised till date; Holds that the provisions for seeking Advance Ruling made under the Act is limited to the ‘activities conducted by the applicant only’ …and the very purpose of the Board for making the provision of Advance Ruling in the CGST Act, 2017 is to help the applicant in planning his activities ‘which are liable for p...