Goods and Services Tax

GST on forfeiture

GST – Started By: – Rachna Gaur – Dated:- 9-2-2019 Last Replied Date:- 10-2-2019 – In case BG in the form of performance security is forfieted due to non performance of contract amounts to GST liability.And if liable then the vendor will claim the input , but this being such forfeiture of panel nature , how can GST input be given to such vendorPlz reply on such issue… – Reply By KASTURI SETHI – The Reply = 2018 (17) G.S.T.L. 451 (App. A.A.R. – GST) = 2018 (9) TMI 1185 – APPELLATE AUTHORITY FO

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply