Banks move court; challenge the government’s Rs 18,000 crore GST charge: Report

Banks have challenged in court the government’s Rs 18,000 crore goods and services tax (GST), levied on them for services such as wealth management and zero-fee lockers, which circumvent the taxation process, as per a  report in  The Economic Times . This is not the first time the financial institutions have tussled with the government over the issue. The government has been investigatin…