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Liquidate damages ( ld )

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14 November 2018 Dear Experts, Please clarify my doubts.
We are purchasing material from B ltd worth rs 1000000 with GST 180000 ( 18% ). As per the agreement we have deducted 2% of LD for delay.
This LD would be treated as service.?
if yes, TDS is applicable or not.?


14 November 2018 This LD will not be treated as service hence TDS not applicable.



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