GST on Royalty and Seigniorage Fees: Court Stays Recovery Pending Constitutional Bench Decision.

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Full Text of the Document

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....Levy of GST - Royalty- seigniorage fee paid by the petitioner to the Government - Referring to a relevant Division Bench Judgment, the High Court issued directions for the petitioner to submit objections or representations within four weeks. The Court ordered adjudication by the concerned authority, with a stay on orders until a Nine Judge Constitution Bench decides on royalty matters. It also stayed GST recovery until the decision of the Constitution Bench.....