AAR: Critical-components supplied by contractor excludible from value of job-worker service

Karnataka AAR holds that the value of goods supplied by the contractor, in a contract for assembly, integration and testing of Wind Power Converters, would not form part of the value of supply for purpose of GST; Observes that the contract is to supply a manufactured product, for the purpose of the which, certain physical inputs of ‘critical components’ are provided ‘free of cost’ (FOC) by the contractor, while the non-critical (ancillary) components are to be arrange...