https://www.taxtmi.com/caselaws?id=367449 The appellate authority affirmed that GST is applicable on liquidated damages, classifying them under HSN code 9997 with an 18% tax rate. The time of supply is linked to the determination of project delay. Section 14 of the GST Act guides the treatment of delays pre and post-GST rollout. Contractors/vendors can claim input tax credit on liquidated damages per GST laws. The appeal was dismissed, upholding the original ruling. en-us Tue, 11 Sep 2018 00:00:00 +0530 Thu, 27 Feb 2025 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367449 The appellate authority affirmed that GST is applicable on liquidated damages, classifying them under HSN code 9997 with an 18% tax rate. The time of supply is linked to the determination of project delay. Section 14 of the GST Act guides the treatment of delays pre and post-GST rollout. Contractors/vendors can claim input tax credit on liquidated damages per GST laws. The appeal was dismissed, upholding the original ruling. Case-Laws GST Tue, 11 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367449