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    <description>Whether GST applies to penalties under the Real Estate regulator hinges on classification as a supply of service; commentators contend statutory penalties and liquidated damages are not taxable supplies and that fees are taxable only insofar as they represent consideration for a regulatory service rather than punitive or administrative impositions.</description>
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      <description>Whether GST applies to penalties under the Real Estate regulator hinges on classification as a supply of service; commentators contend statutory penalties and liquidated damages are not taxable supplies and that fees are taxable only insofar as they represent consideration for a regulatory service rather than punitive or administrative impositions.</description>
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