https://www.taxtmi.com/forum/issue?id=117222 Applicability of GST on a debit note for liquidated damages turns on whether the payment is consideration for a supply; administrative practice may treat recoveries as taxable when realised, while judicial authority has held that compensation for legal injury lacks the reciprocity required to be a supply and thus is not subject to GST. en-us Sat, 15 May 2021 16:08:28 +0530 Thu, 23 Jan 2025 15:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117222 Applicability of GST on a debit note for liquidated damages turns on whether the payment is consideration for a supply; administrative practice may treat recoveries as taxable when realised, while judicial authority has held that compensation for legal injury lacks the reciprocity required to be a supply and thus is not subject to GST. Discussion-Forum GST Sat, 15 May 2021 16:08:28 +0530 https://www.taxtmi.com/forum/issue?id=117222