GST on liquidated damages

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..... GST on liquidated damages
Query (Issue) Started By: - Kaustubh Karandikar Dated:- 28-9-2022 Last Reply Date:- 28-9-2022 Goods and Services Tax - GST
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GST
Amount recovered by XY .....

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..... Z Ltd. (India) from a supplier outside India towards 'Liquidated Damages' for late delivery of imported goods. Whether XYZ is liable to pay GST on it considering the clarification given in the Circula .....

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..... r No. 178/10/2022-GST dt. 3.08.2022? Reply By Ganeshan Kalyani: The Reply: In my view, GST is not applicable.
Discussion Forum - Knowledge Sharing .....

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