GST on fees forfeited from students, Notice pay recovery etc.: AAR dismisses Application

In re Manipal Academy For Higher Education (AAR Karnataka) Applicant has sought for Advance Ruling on the following questions: i. Whether the amount recovered from post graduate course candidates as compensation on certain contingencies, is liable to GST in the hands of Manipal Academy of Higher Education? ii. Whether the amount recovered from employees as notice pay recovery for not serving agreed notice period is liable for GST? iii. Whether fees forfeited from students on discontinuing the course, before the term, is liable to GST? Held- As The Applicant requested to permit them to withdra...