Section 101C. Order of National Appellate Authority.
(1) The National Appellate Authority may, after giving
an opportunity of being heard to the applicant, the officer authorised by the
Commissioner, all Principal Chief Commissioners, Chief Commissioners of Central
tax and Chief Commissioner and Commissioner of State tax of all States and
Chief Commissioner and Commissioner of Union territory tax of all Union
territories, pass such order as it thinks fit, confirming or modifying the
rulings appealed against.
(2) If the members of the National Appellate Authority
differ in opinion on any point, it shall be decided according to the opinion of
the majority.
(3) The order referred to in sub-section (1) shall be
passed as far as possible within a period of ninety days from the date of
filing of the appeal under section 101B.
(4) A copy of the Advance Ruling pronounced by the
National Appellate Authority shall be duly signed by the Members and certified
in such manner as may be prescribed and shall be sent to the applicant, the
officer authorised by the Commissioner, the Board, the Chief Commissioner and
Commissioner of State tax of all States and Chief Commissioner and Commissioner
of Union territory tax of all Union territories and to the Authority or
Appellate Authority, as the case may be, after such pronouncement.]
