suresh2511
239

GST applicability on liquidated damages, compensation, and penalty arising out of breach of contract or other provisions of law – reg.
According to the above circular, there will be no GST on the shortfall of the Notice period recovery amount.

Suresh

From India, Thane

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File Type: pdf GST applicability on liquidated damages, compensation and penalty arising out of breach of contr.pdf (175.8 KB, 10 views)

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Saswatabanerjee
Partner - Risk Management
Suresh2511
Labour Consultant

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saswatabanerjee
2324

That is a relief So does this overrule the court decision? Or is it only an instruction to the GST Officers not to take up the matter?
From India, Mumbai

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