https://www.taxtmi.com/caselaws?id=439655 The AAR, Telangana held that liquidated damages and arbitral awards for breach of contract completed during pre-GST period are not taxable under GST Act, 2017. Following Circular No. 178/10/2022-GST, compensation payments without supply of goods or services do not constitute taxable supply under Entry 5(e) of Schedule-II CGST Act. Since no supply occurred during GST regime per Section 142(10), no GST liability arises. Additional compensation received through arbitral award also remains non-taxable as it falls outside Section 142(2)(a) scope. en-us Mon, 17 Apr 2023 00:00:00 +0530 Thu, 17 Apr 2025 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439655 The AAR, Telangana held that liquidated damages and arbitral awards for breach of contract completed during pre-GST period are not taxable under GST Act, 2017. Following Circular No. 178/10/2022-GST, compensation payments without supply of goods or services do not constitute taxable supply under Entry 5(e) of Schedule-II CGST Act. Since no supply occurred during GST regime per Section 142(10), no GST liability arises. Additional compensation received through arbitral award also remains non-taxable as it falls outside Section 142(2)(a) scope. Case-Laws GST Mon, 17 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439655