GST Applies to Commission in Voucher Transactions, Not Entire Turnover: Bombay HC

Neha Piyush Shah Vs Union of India (Bombay High Court) The petition challenged an Order-in-Original dated 26 December 2023, whereby a GST demand of ₹12,66,19,880 along with interest and penalty was confirmed against the petitioner under Section 73 of the CGST Act, 2017, read with corresponding provisions of the MGST Act and IGST Act. The petitioner restricted the scope of the writ petition to the confirmation of this specific demand. The petitioner, an individual engaged in dealing with vouchers, argued that vouchers are defined under Section 2(118) of the CGST Act as instruments accepted as...