AAR: Turnkey contract w.r.t. High Voltage Distribution System, a works contract, taxable at 18%

AP AAR holds that composite contract undertaken by applicant, comprising of design, manufacture, test, deliver, install, complete and commission facilities for conversion of existing LT network into High Voltage Distribution System in various districts of AP on turnkey basis, squarely falls under ‘works contract’; Clarifies that, exemption under Sr. No. 10A of Notification No. 12/2017-Central Tax (Rate) is inapplicable to services rendered by applicant to contractee as sa...