TMI BlogLevy of GST - Supply or not - liquidated damages recoverable by the applicant from Belectric India on...Levy of GST - Supply or not - liquidated damages recoverable by the applicant from Belectric India on account of delay in commissioning - time of supply - The contract itself prescribes the date on which the damage has to be determined and paid. The date on which the liquidated damage is determined as per the formula prescribed in the clause 6 of the contract is the time of supply of service entry in 5(e) of Schedule II by the applicant. - AAR ..... X X X X Extracts X X X X X X X X Extracts X X X X
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