AAR: Upholds levy of GST on violation charges, liquidated damages & interest thereon recovered from contractors

Gujarat AAR rules that applicant, a Special Purpose Vehicle (SPV) constituted between the State Government (51% stake) and Government of India (49% stake) entrusted with development of 'Dholera Special Investment Region' is a 'Government entity' in terms of Notification No.31/2017-CT (Rate) dated November 13, 2017; Considering the extent of business of construction & erection, maintenance, repair to be conducted by the applicant, states that eligibility of ITC can only be...