2024 (5) TMI 1419 - HC - GST

Challenge to SCN and intimation issued under the TNGST Act, 2017 - imposition of GST under the reverse charge mechanism on the seigniorage paid by the petitioner to the Government - HELD THAT - Reliance placed on record the recent judgment of the Division Bench of this Court in a batch of writ petitions, Tvl. A. Venkatachalam v. Assistant Commissioner (ST), Palladam II Assessment Circle, Palladam 2024 (2) TMI 488 - MADRAS HIGH COURT . In the said judgment, it was held that 'It is made clear that there shall be no recovery of GST on royalty until the Nine Judge Constitution Bench takes a decision.' In view of the above judgment, this petition is liable to be disposed of on the same terms.

Summary

The petitioner challenged a show cause notice under the Tamil Nadu Goods and Services Tax Act regarding GST on seigniorage paid to the Government. The court disposed of the petition based on directions from a recent judgment, stating no GST on royalty until a Nine Judge Constitution Bench decision.