GST applicability on liquidated damages clarified for uniform implementation across field formations under the State tax framework. GST applicability on liquidated damages, compensation and penalty arising from breach of contract or other provisions of law is clarified through a directive requiring uniform implementation across field formations. State tax authorities are instructed, in exercise of powers under the State GST Act, to follow the clarification issued by the Government of India in Circular No. 178/10/2022-GST dated 3 August 2022.
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Provisions expressly mentioned in the judgment/order text.
GST applicability on liquidated damages clarified for uniform implementation across field formations under the State tax framework.
GST applicability on liquidated damages, compensation and penalty arising from breach of contract or other provisions of law is clarified through a directive requiring uniform implementation across field formations. State tax authorities are instructed, in exercise of powers under the State GST Act, to follow the clarification issued by the Government of India in Circular No. 178/10/2022-GST dated 3 August 2022.
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