Q.1. Whether GST is applicable on Liquidated Damages in case of -
Type1 ie. Operation & Maintenance activities
Type2 ie. Construction of new power plants or renovation of old plants or is applicable in both cases?
A.1. In terms of the aforesaid agreement, GST would be applicable on the Liquidated Damages.
Q2. If GST is applicable, kindly clarify the following related aspects also
Q2A. Whether the GST on Liquidated Damages is covered under Schedule II entry No 5(2)(e) vide HSN code 9997-Other Services rate 18% is correct or any other entry is relevant?
States/UT
Order No. & Date
GST-ARA- 15/2017-18/B-30, Mumbai, dated 08.05.2018
Order date
08-05-18
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Category
97(2) (e) &(g)
Year