GST on forfeiture, Goods and Services Tax - GST

[Rachna Gaur]

In case BG in the form of performance security is forfieted due to non performance of contract amounts to GST liability.

And if liable then the vendor will claim the input , but this being such forfeiture of panel nature , how can GST input be given to such vendor

Plz reply on such issue...

Posts / Replies

[KASTURI SETHI]

2018 (17) G.S.T.L. 451 (App. A.A.R. - GST) = 2018 (9) TMI 1185 - APPELLATE AUTHORITY FOR ADVANCE RULING MAHARASHTRA IN RE: MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED