GST applicability on liquidated damages, compensation, and penalty arising out of breach of contract or other provisions of law – reg.
According to the above circular, there will be no GST on the shortfall of the Notice period recovery amount.
Suresh
From India, Thane
244According to the above circular, there will be no GST on the shortfall of the Notice period recovery amount.
Suresh
From India, Thane
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Order No. 1-2018 Extension of date for submitting the statement in FORM GST TRAN-2.pdf