Applicability of GST on De-escalation

Applicability of GST on De-escalation clause and on recovery of security deposit amount as per the contract

Applicability of GST on De-escalation clause and on recovery of security deposit amount as per the contract 1.0 FACTS OF THE CASE  1.1 In an ongoing business, especially when dealing with contract, contract price revision is very common. Many contracts often have an escalation clause which permits the seller to increase the contract value when