AAAR : Modifies AAR, Works contract service to Inland Waterways Authority of India, taxable at 12%

West Bengal AAAR modifies AAR order, holds that works contract service provided to Inland Waterways Authority of India (IWAI) for construction of a multi-modal IWT terminal on EPC basis shall attract concessional GST of 12% under Sr.No 3(vi) of Notification No. 11/2017-Central Tax (Rate); Taking into account the applicant’s nature of project, AAAR finds that appellant creates infrastructure for commercial utilization of the national highway; Further,  though the M...