Business StandardCenter·
SC upholds states' power to levy additional sales tax under 1974 ruling
The Supreme Court on Wednesday held that a 1974 Constitution Bench ruling upholding states' power to impose additional sales tax or surcharge calculated as a percentage of the existing sales tax continues to hold the field, saying a reference on the issue had become academic. A seven-judge Constitution bench headed by Chief Justice of India Surya Kant unanimously held that the legal question referred to it nearly 27 years ago no longer required adjudication, as the statutory provisions under ch…
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