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Service tax on ld

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(Querist)
09 September 2013 Kindly advice whether Service tax on LD(Liquidation damages/penalty for late delivery of goods or provision of services) can be RECOVERED from vendor contractor/supplier.
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CA Suresh Jain

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CA Suresh Jain (Expert)
09 September 2013 What does LD mean
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
09 September 2013 give full form of LD?
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Nitin

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Nitin (Querist)
09 September 2013 LD stands for Liquidation damages/penalty for late delivery charges.
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CA Suresh Jain

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CA Suresh Jain (Expert)
09 September 2013 It depends on the type of liquidated damages. If related to provision of service then certainly taxable
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