https://www.taxtmi.com/forum/issue?id=4528 Service tax applies to amounts recovered as liquidated damages and may be collected either inclusive or bifurcated into taxable value and tax where the contract expressly treats the sum as inclusive of service tax. Input service tax credit on tax paid under reverse charge requires proof of nexus between the compensated amount and the recipient's taxable output activity; absent such nexus, input credit will likely be unavailable. en-us Thu, 16 Aug 2012 12:09:06 +0530 Thu, 23 Jan 2025 15:57:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4528 Service tax applies to amounts recovered as liquidated damages and may be collected either inclusive or bifurcated into taxable value and tax where the contract expressly treats the sum as inclusive of service tax. Input service tax credit on tax paid under reverse charge requires proof of nexus between the compensated amount and the recipient's taxable output activity; absent such nexus, input credit will likely be unavailable. Discussion-Forum Service Tax Thu, 16 Aug 2012 12:09:06 +0530 https://www.taxtmi.com/forum/issue?id=4528