GST on Liquidated damages – AAR allows withdrawal of Application By Anand Gupta TaxGuru

GST on Liquidated damages – AAR allows withdrawal of Application In re Bank Note Paper Mill India Pvt. Ltd (GST AAR Karnataka) a. Applicability of GST on Liquidated damages for delay in supply as penalty (this is in nature of penalty) b. Applicability of GST on Liquidated damages for compensation of extra cost on account of default from the supplier (this is in the nature […]

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