Whether GST is payable on cancellation charges/ penalty/ liquidated damages ?
Issue Favourable to Tax Payer ?:- yes
Held - We find that this very Bench, in the case of M/s. Taanya Tours Travels & Freight Forwarders Pvt. Ltd. (Final Order No. 41515-41516/2018 .....
Issue Favourable to Tax Payer ?:- yes
Held - The next issue is with regard to income received from the airlines for cancellation of tickets. The issue stands covered by the decisions ci.....
Issue Favourable to Tax Payer ?:- no
Held - In the present case, the agreement provides that the liability of payment of these liquidated damages by the Contractor wi.....
Issue Favourable to Tax Payer ?:- no
Held - In the present case, the agreement provides that the liability of payment of these liquidated damages by the Contractor will be established .....
Issue Favourable to Tax Payer ?:- yes
Held - We note that the same are being retained by the appellant from the initial amounts given to them for booking a booth, when the same is subse.....
