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Gst on liquidated damage

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(Querist)
07 December 2017 Sir,
Please suggest whether gst is payable on liquidated damage(as per our purchase order) deducted from vendor's bill amount due to delay in supply of materials by vendor. Regards, Mrutunjay Nayak Asst.Manager-Finance

CMA Mrutunjay Nayak
Asst.Manager(Finance)
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 December 2017 GST applicable on gross value of supplies. No reduction in GST is allowed for liquidated damages deduction.

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