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GST - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Levy of GST - liquidated damages for delay in erection, testing ...


GST Applies to Liquidated Damages for Project Delays; Considered Independent Supplies Under Contractual Tolerance.

September 20, 2018

Case Laws     GST     AAAR

Levy of GST - liquidated damages for delay in erection, testing and commissioning - independent supply or not? - The appellant could have opted for harsh measures like termination of contract but instead it chooses to tolerate the delay in return of payment of money - Levy of GST confirmed.

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