AAR: EPC contract for erecting 'Fluids Servicing System' amounts to works contract, denies 5% rate

Tamil Nadu AAR holds that supply of Engineering, Procurement and Construction (EPC) contract for establishment of Fluids Servicing System (FSS), intended to supply propellants and service fluids, qualifies as a composite supply taxable at rate applicable to works contract; Perusing contract copy, finds that supplier was required to provide host of services along with the supply of equipments/ instruments and they were naturally bundled with billing/ invoicing being indivisibl...