2024 (11) TMI 511 - HC - GST

Levy of GST under the reverse charge mechanism on the seigniorage paid by the petitioner to the Government - HELD THAT - The recent judgment of the Division Bench of this Court in a batch of writ petitions, 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 petition is liable to be disposed of on the same terms.

Summary

The petitioner challenged an intimation regarding GST under reverse charge mechanism on seigniorage paid to the Government. The court disposed of the petition based on directions from a recent judgment, stating no GST recovery on royalty until a decision by a Nine Judge Constitution Bench.