AAAR: Unadjusted part of Mobilization advance received as on July 01 taxable under GST

West Bengal AAAR upholds AAR order which held that appellant is deemed to have supplied works-contract service to Kolkata Metro Rail Corporation Limited (KMRCL) on July 1, 2017 to the extent covered by lump-sum that stood credited to its account on that date as mobilization advance; Notes that appellant received mobilization advance equal to 10% of original contract value which is recoverable as adjustment towards payment due for the tax invoices that the appellant raises on ...