Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Card Issuing Bank Not Liable To Pay Service Tax On Interchange Fee When It Is Already Paid On MDR : Supreme Court
Other Legal Matters
The Supreme Court clarified that service tax is not separately payable on interchange fees once it has already been paid on the merchant discount rate. This ruling aims to eliminate double taxation issues, providing clarity for financial institutions regarding their tax obligations.
