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Is GST aplicable on EMD forfit?

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10 Points Joined December 2019
please tell me all detail section wise about EMD Forfit
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On 16 February 2022 at 17:32 Report
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Profession Business
28196 Points Joined May 2017
Emd given for what purpose?
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On 16 February 2022 at 17:51
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10 Points Joined December 2019
EMD received for selling goods
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On 16 February 2022 at 20:17
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Profession Business
28196 Points Joined May 2017
So it's a security deposit. Now why emd is forfeited?
Now earnest money deposit on operation and maintenance and erection çomissioning contracts.Maharashtra power generation charges 18%.
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On 17 February 2022 at 11:35

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