Continental Engineering Corporation {AUTHORITY FOR ADVANCE RULINGS TELANGANA}:Date of Order : 08-10-2021GST Treatment of Arbitration Awards and Pre-GST Works – Continental Engineering Corporation CaseBackground: Continental Engineering Corporation was involved in arbitration regarding payments and claims related to works executed before the introduction of GST (Goods and Services Tax).Key Rulings:
Unpaid Amounts for Pre-GST Works:
Continental Engineering Corporation claimed unpaid amounts, including price escalation, in arbitration for works executed prior to the implementation of GST.
Ruling: GST was not applicable on these amounts because...
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