From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.'Surcharge an enhancement of rate of sales tax': SC upholds states' power to levy additional sales tax
RSS excerpt
The Supreme Court reaffirmed a 1974 ruling regarding states' power to levy additional sales tax. This ruling clarified that such levies are enhancements to existing sales tax rates. The court found that previous challenges did not hold merit due to changes in tax legislation. The Goods and Services…