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of <h1>Seigniorage Payments Upheld: GST Applicability Confirmed Through Consistent Legal Interpretation of Government Revenue Collection</h1> <h3>Mrs. Mariam Banu Versus The Deputy State Tax Officer (FAC) Hosur</h3> The SC examined GST applicability on seigniorage payments to the Government. Following precedent from a previous judgment, the court disposed of the ... Imposition of GST under the reverse charge mechanism on the seigniorage paid by the petitioner to the Government - HELD THAT:- Reliance placed in 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. The petitioner challenged GST imposition on seigniorage paid to the Government. The court disposed of the petition in line with directions from a previous judgment, W.P.No.4006 of 2024, following A.Venkatachalam v. Assistant Commissioner. No costs were awarded, and related motions were closed.
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