Supreme Court reaffirms royalty is not in the nature of tax as review petition filed dismissed
Last updated: 14 October 2024
Court :
Supreme Court of India
Brief :
The Hon'ble Supreme Court in the case of Karnataka Iron and Steel Manufacturers Association v. Mineral Area Development Authority [Diary No. 38926/2024 dated September 24, 2024] dismissed the review petition filed against the judgment passed by the Hon'ble Supreme Court in the case of Mineral Area Development Authority v. M/s. Steel Authority of India and Anr. [Civil Appeal No. 4056-4064 of 1999 dated July 25, 2024] wherein it was held that the royalty paid to the government would not fall within the purview of tax.
Citation :
Diary No. 38926/2024 dated September 24, 2024
You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :
Stay updated! Stay ads free
Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.
CCI PRO annual subscription :
Original Price : INR 2999/-
Offer Price : INR 1999/-
Duration : 1 year
(Prices Inclusive of GST)
Know More
Note: If you are a PRO member already, please click here to login (for ad free experience)
Bimal Jain
Published in GST
Views : 126
downloaded 169 times
Comments
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
