2024 (11) TMI 101 - HC - GST

Levy of GST under the reverse charge mechanism on the seigniorage paid by the petitioner to the Government - HELD THAT - Reliance placed in the case of TVL. A. VENKATACHALAM VERSUS THE ASSISTANT COMMISSIONER (ST) 2024 (2) TMI 488 - MADRAS HIGH COURT where 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 writ petition is liable to be disposed of on the same terms.

Summary

The petitioner challenged the imposition of GST under reverse charge mechanism on seigniorage paid to the Government. The court disposed of the writ petition in line with directions from a recent judgment, stating that no GST on royalty should be recovered until a decision by a Nine Judge Constitution Bench.