Madras HC Orders Review of Revenue Neutrality in GST on Duty-Free Shop Guarantees

Union of India Vs Flemingo Duty Free Shop Private Limited (Madras High Court) Madras HC directs to examine revenue neutrality for payment of CGST/SGST on minimum guarantee on Duty Free Shops Madras High Court directed authorities to examine as to whether the tax effect is in fact revenue neutral for the period prior 01.04.2021 or there is any loss of revenue with regard to payment of CGST/SGST on the minimum guarantee/ revenue share with regard to duty free shops. Facts- Petitioner viz., Flemingo Duty Free Shop Private Limited, is a company incorporated under Companies Act, 1956. Respondent No...