https://www.taxtmi.com/forum/issue?id=4371 Whether liquidated damages attract service tax is contested: one position treats such payments as compensation or penalty not constituting consideration for a taxable service and so not taxable; another relies on the declared service of agreeing to the obligation-covering obligations to refrain, tolerate, or perform acts-so that payments for breach may be taxable; a further view requires a fact-specific assessment of the nexus between the damages and any taxable service. en-us Sat, 14 Jul 2012 13:03:10 +0530 Thu, 23 Jan 2025 15:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4371 Whether liquidated damages attract service tax is contested: one position treats such payments as compensation or penalty not constituting consideration for a taxable service and so not taxable; another relies on the declared service of agreeing to the obligation-covering obligations to refrain, tolerate, or perform acts-so that payments for breach may be taxable; a further view requires a fact-specific assessment of the nexus between the damages and any taxable service. Discussion-Forum Service Tax Sat, 14 Jul 2012 13:03:10 +0530 https://www.taxtmi.com/forum/issue?id=4371