https://www.taxtmi.com/caselaws?id=781290 AAR held that liquidated damages paid by the Applicant to the other contracting party for breaches or non-performance under the Concession Agreement are compensatory flows, not consideration for supply, and therefore not subject to GST. The agreement contains no element of toleration or quid pro quo, and the damages are pre-estimated genuine losses; CBIC guidance on penal charges was found applicable by analogy. GST is not payable on those liquidated damages; ancillary issues were left unanswered. en-us Mon, 03 Nov 2025 00:00:00 +0530 Thu, 13 Nov 2025 08:14:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781290 AAR held that liquidated damages paid by the Applicant to the other contracting party for breaches or non-performance under the Concession Agreement are compensatory flows, not consideration for supply, and therefore not subject to GST. The agreement contains no element of toleration or quid pro quo, and the damages are pre-estimated genuine losses; CBIC guidance on penal charges was found applicable by analogy. GST is not payable on those liquidated damages; ancillary issues were left unanswered. Case-Laws GST Mon, 03 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781290