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GST - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Compensation on account of inter alia the loss in revenue ...

GST

February 12, 2021

Compensation on account of inter alia the loss in revenue triggered by reduced toll collections once GST was implemented w.e.f. 1-7-2017, along with future interest - there are no merit in the petitioner’s contention that the respondent’s consent to execute the contract agreement on 30-6-2017 ought to be construed as an acquiescence on its part to bear the consequences of the implementation of GST. - HC

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