Supreme court stays Karnataka’s Rs 317 crore VAT demand on Antrix

The Supreme Court has put a hold on Karnataka VAT department's demand of ₹317 crore from Antrix Corporation Ltd, concerning tax liabilities from 2008-2014. This decision came as Antrix argued they had already paid service tax to the central government for these transactions.

Supreme court stays Karnataka’s Rs 317 crore VAT demand on Antrix
The Supreme Court has put a hold on Karnataka VAT department's demand of ₹317 crore from Antrix Corporation Ltd, concerning tax liabilities from 2008-2014. This decision came as Antrix argued they had already paid service tax to the central government for these transactions.