Mandatory 1/3rd deduction of land is ultra-vires: HC

Munjaal Manishbhai Bhatt Vs Union of India (Gujarat High Court)

HC held that impugned Paragpragh 2 of the Notification No. 11/2017-Central Tax (Rate) dated 28.6.2017 and identical notification under the Gujarat Goods and Services Tax Act, 2017, which provide for a mandatory fixed rate of deduction of 1/3rd of total

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