GST Case Law

GST LIABILITY ON AMOUNT RECEIVED BY ARBITRATION FOR WORKS EXECUTED IN PRE-GST PERIOD – GST AAR TELANGANA

GST LIABILITY ON AMOUNT RECEIVED BY ARBITRATION FOR WORKS EXECUTED IN PRE-GST PERIOD- GST AAR TELANGANA

 

TELANGANA AUTHORITY FOR ADVANCE RULING
GOODS AND SERVICES TAX

 

Case Name:  Continental Engineering Corporation
Appeal Number: TSAAR Order No.13/2021
Date of Judgement/Order: 08/10/2021

 

Advance Ruling

In view of the observations stated above, the following ruling is issued:

Question Raised Advance Ruling Issued
a. Whether GST is applicable on the proposed receipt of money in case of Arbitration claims awarded for works contract completed in the Pre-GST regime?GST is applicable as enumerated above under each head
b. If the answer to the above question is Yes then under what HSN Code and GST rate the liability is to be discharged by the applicant?HSN codes as enumerated above where GST is leviable.

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