Judiciary
Supreme Court Clarifies Mining Royalty as Contractual Consideration, Not a Tax. GST Cannot Be Levied on Mining Royalty, As It Constitutes Payment for Mineral Extraction Rights.
Muhammed
10-10-2024
Supreme Court Clarifies Mining Royalty as Contractual Consideration, Not a Tax. GST Cannot Be Levied on Mining Royalty, As It Constitutes Payment for Mineral Extraction Rights. Summary: The 9-judge bench of the Supreme Court has recently clarified that mining royalty is not a tax but a ...
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