advance ruling definition

advance ruling means a decision provided by the Authority or the Appellate Authority to an applicant on matters or on questions specified in sub-section (2) of section 97 or sub-section (1) of section 100, in relation to the supply of goods or services or both being undertaken or proposed to be undertaken by the applicant;
advance ruling means a ‘binding general ruling’, a ‘binding private ruling’ or a ‘binding class ruling’;
advance ruling means the determination, by the Authority, of a question of law or fact specified in the application regarding the liability to pay duty in relation to an activity which is proposed to be undertaken, by the applicant;

Examples of advance ruling in a sentence

  • Further, if the transaction to which the Advance Ruling Certificate relates is substantially completed within one year after the Advance Ruling Certificate is issued, the Commissioner cannot seek an order of the Tribunal under Section 92 of the Competition Act in respect of the transaction solely on the basis of information that is the same or substantially the same as the information on the basis of which the Advance Ruling Certificate was issued.

  • DEPRECIATION TOTAL ASSETS BALANCE SHEET $465.44 $93.87 ACCRUED PAYROLL TAXES DEFERRED INCOME ACCOUNTS PAYABLE MISC., PENSION TOTAL LIABILITIES EQUITY: RESERVES FUND BALANCE INVESTED IN FIXED ASSETS NET OVER OR (UNDER) FUND $0.00 TOTAL LIABILITIES RESERVES I EQUITY Internal District Director Period Ending: 3 0 (1) (A) (vi) Advance Ruling .

  • Completion of the Transaction is subject to receipt of Competition Approval, meaning: (a) the issuance of an Advance Ruling Certificate; or (b) the applicable waiting period under Section 123 of the Competition Act has expired or been waived and a No Action Letter has been issued in accordance with subsection 123(2) of the Competition Act.

  • The Commissioner may, upon application by the parties to a proposed transaction, issue an Advance Ruling Certificate under Section 102 of the Competition Act where he is satisfied that he would not have sufficient grounds on which to apply to the Competition Tribunal (the ‘‘Tribunal’’) for an order under Section 92 of the Competition Act.

  • On June 13, 2018, the Purchaser and KMCU each made a premerger notification filing in respect of the Transaction with the Commissioner, and the Purchaser has requested that the Commissioner issue an Advance Ruling Certificate under Section 102 of the Competition Act or, alternatively, a No Action Letter in respect of the Transaction.


More Definitions of advance ruling

advance ruling means a written decision provided by a State Party to an applicant prior to the importation of goods covered by the application that sets forth the treatment that the State Party shall provide to the good at the time of importation;
advance ruling means a decision provided by the Authority or the Appellate Authority to an applicant on matters or on questions specified in sub-section (2) of section 97 or sub-section (1) of section 100, in relation to
advance ruling means the determination, by the Authority, of a question of law or fact specified in the application regarding the liability to pay service tax in relation to a service proposed to be provided, by the applicant;
advance ruling means a determination by the Authority in relation to a transaction which has been undertaken or is proposed to be undertaken by a dealer registered under the Act;
advance ruling means the determination, by the authority of a question specified in sub-section (2) of section 120 in an application regarding the liability of an applicant to pay tax in relation to the supply of goods or services or both proposed to be undertaken or being undertaken by the applicant;
advance ruling means a ‗general ruling‘, a ‗private ruling‘, or a ‗class ruling‘;
advance ruling means a decision provided by the Authority or the Appellate Authority to an applicant on matters or on questions specified in sub-section (2) of