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CBIC On Different Types of Declared Services under GST

CBIC has issued Circular No. 178 dated 03.08.2022 clarifying on GST applicability issues in relation to various types of declared services which were taxed for the first time on service tax w.e.f. 01.07.2012. These relate to liquidated damages, compensation, various types of cancellations, compensation for not collecting toll charges etc.

Source Taxguru

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