<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST ON ROYALTY UNDER RCM</title>
    <link>https://www.taxtmi.com/forum/issue?id=119484</link>
    <description>Royalty on minerals may be taxed twice: as part of sale value under the forward charge mechanism and under reverse charge for government services granting right to use minerals. An apex-court ratio described royalty as consideration tied to immovable property and led to an interest waiver for taxes paid on royalty before a cutoff. Recommended remedies include contesting notices by citing the judgment, pursuing statutory appeals or writs, and making representations to the GST Council; questions remain about claiming input tax credit for RCM-paid royalty.</description>
    <language>en-us</language>
    <pubDate>Tue, 24 Dec 2024 17:56:35 +0530</pubDate>
    <lastBuildDate>Thu, 13 Mar 2025 14:18:43 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=784376" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST ON ROYALTY UNDER RCM</title>
      <link>https://www.taxtmi.com/forum/issue?id=119484</link>
      <description>Royalty on minerals may be taxed twice: as part of sale value under the forward charge mechanism and under reverse charge for government services granting right to use minerals. An apex-court ratio described royalty as consideration tied to immovable property and led to an interest waiver for taxes paid on royalty before a cutoff. Recommended remedies include contesting notices by citing the judgment, pursuing statutory appeals or writs, and making representations to the GST Council; questions remain about claiming input tax credit for RCM-paid royalty.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Tue, 24 Dec 2024 17:56:35 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=119484</guid>
    </item>
  </channel>
</rss>