https://www.taxtmi.com/forum/issue?id=114603 Whether forfeiture of a bank guarantee as performance security is a taxable supply under GST and whether the vendor may claim input tax credit for GST on such forfeiture are the central issues; the only reply cited an Appellate Authority for Advance Ruling reference regarding Maharashtra State Power Generation Company Limited (2018) without providing a substantive conclusion. en-us Sat, 09 Feb 2019 14:13:12 +0530 Thu, 23 Jan 2025 15:55:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114603 Whether forfeiture of a bank guarantee as performance security is a taxable supply under GST and whether the vendor may claim input tax credit for GST on such forfeiture are the central issues; the only reply cited an Appellate Authority for Advance Ruling reference regarding Maharashtra State Power Generation Company Limited (2018) without providing a substantive conclusion. Discussion-Forum GST Sat, 09 Feb 2019 14:13:12 +0530 https://www.taxtmi.com/forum/issue?id=114603