SC stay on GST on mining lease, royalty may impact other sectors, say experts

The stay pertains to a contested period from July 1, 2017 to December 31, 2018 A Supreme Court stay on payment of Goods & Services Tax for grant of mining lease/royalty on October 4 is likely to impact the telecom sector and casinos as well. This has been a contested segment with Government maintaining 18 per cent rate from July 1, 2017 while many companies started paying at this rate only fro…