The Indian government’s decision to impose a 12% service tax on commercial rents as part of its 2007-08 union budget has been met with a barrage of lawsuits, mostly from retailers.
Across the country, around 30 cases have been filed in court by some of India’s leading retailers such as Pantaloon Retail, Shoppers Stop and Lifestyle International.
Also challenging the new tax are the Retailers Association of India, the Confederation of Real Estate Developers Association of India and Multiplexes Association of India, which have filed a case in Bombay High Court.
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