Goods and Services Tax

GST treatment and rate

GST – Started By: – Madhavan iyengar – Dated:- 8-3-2019 Last Replied Date:- 9-3-2019 – a automobile component manufacturer has a committed volume of 10000 parts supply to a automobile company and if this voulme is not lifted by the auto company compensation is payable since the volume has not been committed by the automobile company and they agree to compensate the auto component supplier for a particular amount issue: gst would be applicable on this compensation given by automobile company to

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