The Circular No. 178/10/2022-GST,dated 03.08.2022 has focused on GST Applicability on liquidated damages, compensation and penalty arising out of breach of contract or other provisions of law There has always been question whether GST will be applicable or not on damages, penalty, compensation etc. I have personally observed that many officers directory take resort of … Continue reading GST Updates August 2022 -Circular No. 178/09/2022, dated 03.08.2022