Advance rulings system under GST will take time to resolve, says CBIC

The CBIC member said that the issue will take time to get resolved

The industry might have to live up with the current structure of the authority of advance rulings (AARs) under the Goods and Services Tax (GST) since there is no consensus between the union government and states over the uniform central body, said a key member of the Central Board of Indirect Taxes and Customs (CBIC). 

"The Centre is also trying to push for that there has to be a single, uniform, advance ruling authority. But unfortunately, think about a situation, every state says, I am having an equal right as the Centre," John Joseph, CBIC member (budget) said addressing a