SC: ‘Abandonment of Service is Not Voluntary Retirement’, Denying SBI Clerk Pension Benefits  ||  Supreme Court: Stranger Affected by an Interim Order is Entitled to be Impleaded in Writ Proceedings  ||  Supreme Court: Courts Cannot Replace an Authority’s Discretion, and Sets Aside Direction to Governor  ||  SC: Title Suit Hit by Constructive Res Judicata if Omitted in Prior Injunction Suit Disputing Title  ||  SC Clarifies Whether a Co-Operative Society Can Act as a Resolution Applicant under the IBC  ||  Chhattisgarh High Court: Innocent Litigants Should Not be Penalized For Lapses by Their Lawyers  ||  Delhi High Court: Marriage With the Victim Cannot Absolve an Accused of Rape under POCSO  ||  J&K&L HC: Acquisition Lapses if 80% Compensation is Unpaid Before Possession under Section 17A  ||  Delhi HC: Policy Number is Not Mandatory For LIC Details under RTI, But Basic Details are Required  ||  SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law    

AAR, Telangana: Liquidated Damages and Penalties Due to Breach of Contract Exigible to GST - (19 Apr 2022)

GOODS AND SERVICES TAX

Authority of Advance Ruling, Telangana has observed that the liquidated damages and penalties received by the applicant due to breach of conditions of the contract by the contractor are exigible to tax under the Central Goods and Services Tax Act, 2017 and State and Goods and Services Tax Act, 2017

Tags : AUTHORITY OF ADVANCE RULING   LIQUIDATED   CENTRAL GOODS AND SERVICES TAX   STATE GOODS AND SERVICES TAX ACTS   EXIGIBLE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved