Example
Mr. A had certain doubts regarding classification
of their product. A's friend has obtained an 'advance ruling' under GST Act from
authority for advance ruling on identical product. A proposes to adopt the same
ruling in his case. Advice whether he could adopt the said ruling.
Answer
As per section 103, advance ruling obtained from authority/ appellate authority
shall be binding only on the applicant who had sought & obtained it. A person
other than the applicant can't have the benefit of the advance ruling even if
the matter in his case is exactly the same as covered by the applicant's case.
In view of the aforesaid legal position, A can't adopt the advance ruling
obtained by his friend. He shall make an application in own name & obtain
advance ruling independently.