Section 16(2)(c) of CGST Act constitutionally challenged before Orissa HC

OSL Securities Limited Vs Union of India & others (Orissa High Court) Introduction: In a significant legal development, the Orissa High Court granted an interim stay in the case of OSL Securities Ltd. v. Union of India [W.P. (C) No. 2695 OF 2024   dated February 06, 2024], where the constitutional validity of Section 16(2)(c) of the Central Goods and Services Tax Act, 2017 (CGST Act) was challenged. This article delves into the facts, legal provisions, and implications of this judicial intervention. Facts: OSL Securities Ltd. (“the Petitioner”), filed a writ petition against ...