AAR: Reimbursement received towards loss/damage of equipment/tools used in oilfield service a 'Supply of goods'

Andhra Pradesh AAR holds the reimbursement received from supply recipient for loss of tools/equipment used for performing oilfield services shall be classifiable as Supply of goods in terms of Section-7 of the CGST Act, 2017; Notes that the Applicant is engaged in providing various oilfield services such as drilling, exploration & mining related to Exploration and Production companies across the globe and was awarded a contract by ONGC for supply of bundled services perta...