Exclusive : Delhi HC admits challenge to levy of IGST on banking services to foreign HO

Delhi HC admits writ petition of DBS Bank India branch challenging levy of IGST on services provided to Head Office situated abroad; Petitioner bank submits that there was no levy of service tax on such transactions and the provision u/s 7(5)(a) of IGST Act which deems such transactions to be an ‘inter-state supply’ is violative of Article 14 of Constitution; HC issues notice to the Union and GST Council to file appropriate replies, while posting the matter for November 7...