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Case Law Details

Case Name : n re M/s. North American Coal Corporation India Pvt. Ltd. (GST AAR Maharashtra)
Related Assessment Year :
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In re M/s. North American Coal Corporation India Private limited (GST AAR Maharashtra)

1. Whether liquidated damages that may be awarded to the Applicant by the International Chamber of Commerce (“ICC”) qualifies as a ‘supply’ under the Goods and Services Tax (“GST”) law, thereby attracting the levy of GST ?

Answer – The consideration that may be awarded to the applicant by the ICC would qualify as supply of service as per Section 5(e) of Schedule II of Section 7(1) of the CGST Act a

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2 Comments

  1. VINOD AKOLKAR says:

    What is status when Indian Supplier has to pay to its Foreign Buyer towards Liquidation Damages , whether the RCM is Payable ? Tks

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