The Supreme Court has stayed the imposition of GST on royalty paid mining rights given to a petitioner. GST at the rate of 18 per cent is imposed on royalty given to the state governments for mining rights. While the rate schedule was earlier amended to impose GST on this royalty from January 1, 2019, the tax research unit of the Central Board of Indirect Taxes and Customs( CBIC) recently clarified that the tax would also be applied from July 1, 2017 and December 31, 2018....
GST came into forc
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2021-10-13 00:00:00.0