Service tax on ld


This query is : Open 

(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.

09 September 2013 What does LD mean

09 September 2013 give full form of LD?

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

09 September 2013 It depends on the type of liquidated damages. If related to provision of service then certainly taxable



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