Grant of Interest under Arbitral Award for Delayed Payment of Consideration: Bombay HC holds Recipient of Service situated in Taxable Territory bear Liability of GST [Read Order]

Interest - Payment - Bombay HC - Service - Taxable - GST - taxscan

The single bench of Bombay High Court presided by Mr. Justice B. P. Colabawalla in the issue ofgrant of interest under Arbitral Award for delayed payment of consideration has held that recipient of service situated in taxable territory bear liability of GST. The petitioner, M/s Angerlehner Structural and Civil Engineering Company, a body corporate registered…

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