Levy Of GST On Entire Bet Amount in Horse Races : Karnataka High Court Stays Order Declaring Rule 31A(3) Of CGST Rules, 2017 Ultra Vires

A division bench of the Karnataka High Court has stayed the operation of the single bench order passed on June 2, by which it had declared  Rule 31A(3) of the Central Goods and Services Tax Rules, 2017  as amended in terms of the notification dated 23.01.2018 as ultra vires the provisions of the  Central Goods and Services Tax Act, 2017 Act  and Rule 31A of the Karnataka Goods…