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GST - Highlights / Catch Notes

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Levy of GST - liquidated damages/penalties received by the ...

Case Laws     GST

April 18, 2022

Levy of GST - liquidated damages/penalties received by the applicant - price adjustment to the main supply or not - Liquidated damages and penalties received by the applicant due to breach of conditions of the contract from the contractor are exigible to tax under CGST and SGST Acts. - AAR

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