2024 (11) TMI 576

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....santh Kiran, GA (T) ORDER By this writ petition, the petitioner assails the intimation in Form GST DRC-01A issued under applicable GST laws in relation to the imposition of GST under the reverse charge mechanism on the seigniorage paid by the petitioner to the Government. 2. Mr. V.Prasanth Kiran, learned Government Advocate, accepts notice on behalf of the respondent. He has placed on rec....

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....dance with law, after affording reasonable opportunity of being heard to the petitioners. However, the orders of adjudication shall be kept in abeyance until the Nine Judge Constitution Bench decides the issue as to the nature of royalty. (iii) It is made clear that there shall be no recovery of GST on royalty until the Nine Judge Constitution Bench takes a decision. (iv) Needles....