Dear Experts🙏.. My client is running a Granite Quarry and the State Tax Commissioner has sent a notice to him to pay GST 18% on Seigniorage Charge from 2017-18 to 2021-2022.

Does the Quarry owner have to pay GST for seigniorage charge?

Does it get ITC? Can I claim this entire ITC in the current year if GST is paid?