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    <title>2024 (5) TMI 1419 - MADRAS HIGH COURT</title>
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    <description>GST under reverse charge on seigniorage treated as royalty was kept in abeyance pending the Nine Judge Constitution Bench&#039;s ruling on the nature of royalty. The High Court directed the petitioners to file objections or representations, and the authority is to adjudicate on merits after giving a reasonable opportunity of hearing. Any adjudication order is to remain in abeyance until the larger Bench decides the royalty issue, and no recovery of GST on the disputed royalty or seigniorage is to be made in the meantime. The petitions were disposed of in terms of the earlier directions, while remedies and future challenges were left open after that decision.</description>
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      <description>GST under reverse charge on seigniorage treated as royalty was kept in abeyance pending the Nine Judge Constitution Bench&#039;s ruling on the nature of royalty. The High Court directed the petitioners to file objections or representations, and the authority is to adjudicate on merits after giving a reasonable opportunity of hearing. Any adjudication order is to remain in abeyance until the larger Bench decides the royalty issue, and no recovery of GST on the disputed royalty or seigniorage is to be made in the meantime. The petitions were disposed of in terms of the earlier directions, while remedies and future challenges were left open after that decision.</description>
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