https://www.taxtmi.com/article/detailed?id=13556 Royalty is a contractual consideration and not a tax; the court, following Supreme Court precedent, held that payments characterized as royalty lack the essential characteristics of a tax and therefore cannot be treated as taxable in the nature of a tax. The High Court disposed of the writ as the impugned notice had lapsed and directed fresh adjudication after affording the petitioner a proper hearing. en-us Fri, 14 Feb 2025 10:45:32 +0530 Fri, 14 Feb 2025 10:45:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13556 Royalty is a contractual consideration and not a tax; the court, following Supreme Court precedent, held that payments characterized as royalty lack the essential characteristics of a tax and therefore cannot be treated as taxable in the nature of a tax. The High Court disposed of the writ as the impugned notice had lapsed and directed fresh adjudication after affording the petitioner a proper hearing. Articles Goods and Services Tax - GST Fri, 14 Feb 2025 10:45:32 +0530 https://www.taxtmi.com/article/detailed?id=13556