The excruciating burden of high fuel prices on the common man continues unabated. The price of petrol and diesel has reached a record high in many cities of India. And the government has simply put the onus on the UPA dispensation.
A Public Interest Litigation has been filed in the Supreme Court seeking directions to the Union of India to constitute the Goods and Services Tax Appellate Tribunal New Delhi, on an utmost priority basis in the interest of justice.
It was contended in the petition that an exemption of 12 percent cost of the product charged as GST, which was otherwise leviable, would lead to a further decrease in the overall cost for the consumer, thereby making it significantly more affordable to the public.
The Supreme Court on Wednesday issued notice on a PIL seeking directions to the Centre to have a mechanism to track total GST paid on the OIDAR (Online Information and Database Access or Retrieval Services) services used by Non-Taxable Online Indian recipients under reverse charge basis.
The Delhi High Court today observed that the entire concept of the Goods and Services Tax (GST) is getting defeated by the input tax credit while hearing a petition by a businessman seeking protection from arrest in a case of alleged wrongly/illegally availed of Input Tax Credit.
The three-Judge Bench Justice passed the Judgement while dismissing a Writ Petition filed by Skill Loto Solutions Pvt Ltd seeking a declaration that the levy of tax on the lottery is discriminatory and violative of Articles 14, 19(1)(g), 301 and 304 of the Constitution of India.
The Court has held that keeping lottery and gambling under GST’s ambit is legally valid, upholding validity of tax imposition on lottery tickets and the prize money. A three-judge Bench of Justices Ashok Bhushan, Subhash Reddy and MR Shah had heard the extensive arguments and reserved its judgement on 4th November 2020.