Liquidated damages collected from Chettinad logistics for non-performing acts attracts 18% GST: AAR [Read Order]

Liquidated damages - Chettinad logistics - GST - AAR - taxscan

The Andhra Pradesh Authority for Advance Ruling (AAR) has held that 18% Goods and Services Tax (GST) would be applicable upon the liquidated damages collected from Chettinad Logistics Pvt Ltd for non-performing the acts. The applicant AP Power Development Co. Ltd (APPDCI) was a special-purpose vehicle which was originally set up to implement mega power…

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