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GST applicability on liquidated damages, compensation, and penalties 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, 13 views)

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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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