Levy of GST - Supply or not - liquidated damages recoverable by ...
Liquidated damages for delay in commissioning not subject to GST, rules Appellate Authority for Advance Ruling.
November 4, 2022
Case Laws GST AAAR
Levy of GST - Supply or not - liquidated damages recoverable by the applicant from Belectric India on account of delay in commissioning - The amount recoverable by the applicant in the form of liquidated damages does not qualify as supply, as seen from the agreement. - Not liable to GST - AAAR
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