Publishers seek input tax credit for authors under the GST regime

The applicability of RCMs on transactions done through unregistered entities have been deferred

Publishers have ruled out withdrawing a petition on the constitutional validity of the reverse charge mechanism (RCM) under the goods and services tax (GST) regime even as the GST Council had deferred its implementation till September, 2019. 

A petition to this effect, filed by Meerut Publishers Association and Institute of Management Association, was heard by the Delhi High Court. The court asked the petitioner as to why do they not withdraw the petition since the council had put off its implementation. To this, counsel of the petitioner Abhishek Rastogi replied that the petition will not be withdrawn since it was on