GST applicable on Liquidated Damages recovered from vendors: AAR Uttarakhand

In Re India Optel Limited (GST AAR Uttarakhand)

GST is applicable on Liquidated Damages recovered from vendors: AAR Uttarakhand

In the case “In Re India Optel Limited (GST AAR Uttarakhand),” the issue at hand was the applicability of GST on liquidated damages (LD) recovered by M/s India Optel Limited from their vendors. The ruling was sought under Section 97 of the Please become a Premium member. If you are already a Premium member, login here to access the full content.