AAR : Compensation from developer for alternate accommodation, delayed handover of possession, liable to GST

Maharashtra AAR holds that amount received as compensation from developer/owner for alternate accommodation and damages for delayed handover of possession, constitutes a ‘supply’ as defined u/s 7 of CGST Act, liable to GST; Observes that applicant is a tenant in a building premises who has entered into a redevelopment agreement pursuant to which he has agreed to do an act (vacating the premises) to facilitate supply of service by developer to owner; Holds that, act of vac...