In re Karam Chand Thapar & Bros (Coal Sales) Limited (GST AAR West Bengal)
Date: February 12, 2026
Subject Matter
Arbitral Awards for Price Revision Constitute Supply, Compensation Not Taxable Under GST
Summary
The Authority for Advance Ruling held that claims allowed by an Arbitral Tribunal that constitute price revision for services rendered prior to the GST regime are taxable under Section 142(2)(a) of the CGST Act, 2017. However, claims categorized as c…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, WEST BENGAL 1.1 At the outset, we would like to make it clear that the provisions of the Central Goods And Services Tax Act, 2017 (the CGST Act, for short) and the West Bengal Goods and Services Tax Act, 2017 (the WBGST Act, for short) have the same provisions in like matter except for certain provisions. Therefore, unless a mention is specif…