https://www.taxtmi.com/caselaws?id=391048 The Supreme Court intervened in a case where a Government of Goa Undertaking had to compensate parties due to a failed Special Economic Zone project. The court ruled that the compensation constituted a 'Supply of Services' under Schedule II of the GST Act, attracting tax liability. The Government was directed to compensate the parties at 8.25%, based on the understanding that the compensation amount in the SEZ dispute scenario qualified as a supply of services. en-us Thu, 17 Oct 2019 00:00:00 +0530 Sat, 15 Mar 2025 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391048 The Supreme Court intervened in a case where a Government of Goa Undertaking had to compensate parties due to a failed Special Economic Zone project. The court ruled that the compensation constituted a 'Supply of Services' under Schedule II of the GST Act, attracting tax liability. The Government was directed to compensate the parties at 8.25%, based on the understanding that the compensation amount in the SEZ dispute scenario qualified as a supply of services. Case-Laws GST Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391048