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![18% GST Applicable to Liquidated Damages: AAR [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]
The Maharashtra Authority for Advance Ruling (AAR) held that liquidated damages are classifiable as ‘other services’ and is taxable at the rate of 18%...