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![Penalty collected from Contractor, being Liquidated Damages not subject to Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-Contractor-Liquidated-Damages-Service-Tax-CESTAT-Taxscan.jpg "Penalty collected from Contractor, being Liquidated Damages not subject to Service Tax: CESTAT [Read Order]")
Penalty collected from Contractor, being Liquidated Damages not subject to Service Tax: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi bench has held that the penalty collected from a contractor, being ‘liquidated...
![No Service Tax can be levied on Liquidated Damages received under any Contract: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/No-Service-Tax-levied-Liquidated-Damages-Contract-CESTAT-Taxscan.jpg "No Service Tax can be levied on Liquidated Damages received under any Contract: CESTAT [Read Order]")
![GST applicable on Liquidated Damages/Penalty for Contractual Violation: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/GST-applicable-Liquidated-Damages-Penalty-Contractual-Violation-AAR-Taxscan.jpg "GST applicable on Liquidated Damages/Penalty for Contractual Violation: AAR [Read Order]")
![GST payable on Liquidated Damages recoverable from Belectric India on account of delay in Commissioning, qualify as a ‘Supply’: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/GST-Liquidated-damages-Belectric-India-commissioning-supply-AAR-taxscan.jpg "GST payable on Liquidated Damages recoverable from Belectric India on account of delay in Commissioning, qualify as a ‘Supply’: AAR [Read Order]")
![Service Tax could not have been levied on the amount recovered as Liquidated Damages: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Service-tax-amount-liquidated-damages-CESTAT-Taxscan.jpg "Service Tax could not have been levied on the amount recovered as Liquidated Damages: CESTAT [Read Order]")
Liquidated Damages paid for Non-Compliance of Business Obligations are allowable Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) has held that the liquidated damages paid in nature of contractual liability on account of non-compliance of business obligations to customers are allowable as...
![Liquidated Damages paid for Non-Compliance of Business Obligations are allowable Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Liquidated-Damages-Taxscan.jpg "Liquidated Damages paid for Non-Compliance of Business Obligations are allowable Expenditure: ITAT [Read Order]")
![18% GST on Liquidated Damages: Appellate Authority upholds AAR Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Liquidated-Damages-AAAR-Taxscan.jpg "18% GST on Liquidated Damages: Appellate Authority upholds AAR Order [Read Order]")
No Service Tax on Surrender Charges on ULIP since these are in the nature of ‘Penalty’ or Liquidated Damages: CESTAT [Read Order]
The Mumbai Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) in the case of Reliance Life Insurance Co. Ltd. v. Commissioner of Service Tax allowing the appeal by the assessee...
![No Service Tax on Surrender Charges on ULIP since these are in the nature of ‘Penalty’ or Liquidated Damages: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Service-Tax-Reliance-Life-Insurance-Taxscan.jpg "No Service Tax on Surrender Charges on ULIP since these are in the nature of ‘Penalty’ or Liquidated Damages: CESTAT [Read Order]")
![18% GST Applicable to Liquidated Damages: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/AAR-Delhi-Taxscan.jpg "18% GST Applicable to Liquidated Damages: AAR [Read Order]")