GST on liquidated damages

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....ST on liquidated damages<br> Query (Issue) Started By: - Kaustubh Karandikar Dated:- 28-9-2022 Last Reply Date:- 28-9-2022 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>Amount recovered by XYZ....

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.... Ltd. (India) from a supplier outside India towards 'Liquidated Damages' for late delivery of imported goods. Whether XYZ is liable to pay GST on it considering the clarification given in the Circular....

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.... No. 178/10/2022-GST dt. 3.08.2022? Reply By Ganeshan Kalyani: The Reply: In my view, GST is not applicable.<br> Discussion Forum - Knowledge Sharing ....