The CBIC vide Circular No. 178102022-GST dated August 03 2022 regarding GST applicability on liquidated damages compensation and penalty arising out of breach of contract or other provisions of law.
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In certain casesinstances questions have been raised regarding taxability of an activity or transaction as the supply of service of agreeing to the obligation to.
. Supply of services falling under the general rule ie. Time of supply is the time of completion in case of. Time of supply for certain services.
Malaysia business and financial market news. For B2B services in respect of admission the place of supply is where the events take place. Generic supply of services rendered by EU and non-EU taxable persons to taxable persons established in.
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