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GST on forfeiture, Goods and Services Tax - GST

Issue Id: - 114603
Dated: 9-2-2019
By:- Rachna Gaur
GST on forfeiture

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In case BG in the form of performance security is forfieted due to non performance of contract amounts to GST liability.

And if liable then the vendor will claim the input , but this being such forfeiture of panel nature , how can GST input be given to such vendor

Plz reply on such issue...

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1 Dated: 10-2-2019
By:- KASTURI SETHI

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