Liquidated damages for delay in commissioning not subject to GST, rules Appellate Authority for Advance Ruling. https://www.taxtmi.com/highlights?id=66373 Levy of GST - Supply or not - liquidated damages recoverable by the applicant from Belectric India on account of delay in commissioning - The amount recoverable by the applicant in the form of liquidated damages does not qualify as supply, as seen from the agreement. - Not liable to GST - AAAR en-us Fri, 04 Nov 2022 14:55:24 +0530 Fri, 04 Nov 2022 14:55:24 +0530 TaxTMI RSS Generator Liquidated damages for delay in commissioning not subject to GST, rules Appellate Authority for Advance Ruling. https://www.taxtmi.com/highlights?id=66373 Levy of GST - Supply or not - liquidated damages recoverable by the applicant from Belectric India on account of delay in commissioning - The amount recoverable by the applicant in the form of liquidated damages does not qualify as supply, as seen from the agreement. - Not liable to GST - AAAR Highlights GST Fri, 04 Nov 2022 14:55:24 +0530 https://www.taxtmi.com/highlights?id=66373