AAR : No element of ‘supply’ in Contract manufacturing of IMFL by CBUs for Brand Owners

Maharashtra AAR holds that there is no supply of services between contract brewing/bottling units (CBUs) and Brand Owner (BO) for manufacture of Indian Made Foreign Liquor (IMFL) under BO's name; Elucidates that agreements are on principal-to-principal basis, price at which raw material are to be procured and selling price is fixed by applicant, risk, property and interest in manufactured product passes from CBU to applicant and that amount left with applicant after making pa...