Liquidated damage, debit note in foreign trade

JAYANTA KUMAR BANDYOPADHYAY (professional service) (293 Points)

26 August 2021  

Foreign supplier raises debit note towards liquidated damage for delayed supply and commissioning at Indian site,,outside letter of credit.

As Indian importer, what compliance obligation to discharge besides GST liability etc.

Please guide

Jayanta Bandyopadhyay

Howrah

26.8.21

21