ICSI Guidance on Diligence Report on Governance for Banks : Exposure Draft
Exposure Draft of ICSI Guidance on Diligence Report on Governance for Banks Download Draft Click here
Exposure Draft of ICSI Guidance on Diligence Report on Governance for Banks Download Draft Click here
Question : Whether deduction of Liquidity Damage (LD)/Penalty deduction from contractor’s bills and charging Penalty for non-lifting of coal till targeted minimum level to Annual Contractual Quantity (ACQ) will attract GST? Answer: Yes, it is a service being “tolerating an act” as per Schedule II of the CGST Act,2017 thus GST shall apply. Free Study material… Read More »