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GST treatment and rate, Goods and Services Tax - GST

Issue Id: - 114737
Dated: 8-3-2019
By:- Madhavan iyengar
GST treatment and rate

  • Contents

a automobile component manufacturer has a committed volume of 10000 parts supply to a automobile company and if this voulme is not lifted by the auto company compensation is payable since the volume has not been committed by the automobile company and they agree to compensate the auto component supplier for a particular amount

issue: gst would be applicable on this compensation given by automobile company to auto component manufacturer but under which category of service will this fall

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Showing Replies 1 to 2 of 2 Records

1 Dated: 9-3-2019
By:- Ganeshan Kalyani

Agreeing to tolerate an act under HSN 999794.

2 Dated: 9-3-2019

I agree with Sh.Ganeshan Kalyani Ji.


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