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GST - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Compensation on account of inter alia the loss in revenue ...


Court Rules No Implied Consent to GST Impact in Toll Revenue Dispute; Future Interest on Compensation Awarded.

February 12, 2021

Case Laws     GST     HC

Compensation on account of inter alia the loss in revenue triggered by reduced toll collections once GST was implemented w.e.f. 1-7-2017, along with future interest - there are no merit in the petitioner’s contention that the respondent’s consent to execute the contract agreement on 30-6-2017 ought to be construed as an acquiescence on its part to bear the consequences of the implementation of GST. - HC

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