https://www.taxtmi.com/article/detailed?id=16451 Entry 5(e) of Schedule II to the CGST Act is said to apply only where there is an independent agreement with separate consideration for refraining from an act, tolerating a situation, or doing an act. The article explains that compensatory payments arising from breach, liquidated damages, arbitral awards, and court decree settlements are not standalone service arrangements and should not be treated as taxable supplies merely because they are accompanied by forbearance or withdrawal of proceedings. en-us Tue, 19 May 2026 08:18:57 +0530 Tue, 19 May 2026 08:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16451 Entry 5(e) of Schedule II to the CGST Act is said to apply only where there is an independent agreement with separate consideration for refraining from an act, tolerating a situation, or doing an act. The article explains that compensatory payments arising from breach, liquidated damages, arbitral awards, and court decree settlements are not standalone service arrangements and should not be treated as taxable supplies merely because they are accompanied by forbearance or withdrawal of proceedings. Articles Goods and Services Tax - GST Tue, 19 May 2026 08:18:57 +0530 https://www.taxtmi.com/article/detailed?id=16451