https://www.taxtmi.com/caselaws?id=362300 AAR Karnataka ruled that a turnkey EPC contract for solar power plant construction does not constitute a composite supply under Section 2(30) of CGST Act, 2017, as goods and services are not naturally bundled when owners can procure major equipment independently. Since the applicant does not supply the major PV modules (70% of project value) due to high sea sale arrangements, no principal supply exists warranting 5% GST rate. Sub-contractors must be taxed individually based on their specific supply nature, without benefit of concessional rates applicable to main contractors. en-us Wed, 21 Mar 2018 00:00:00 +0530 Mon, 09 Jun 2025 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362300 AAR Karnataka ruled that a turnkey EPC contract for solar power plant construction does not constitute a composite supply under Section 2(30) of CGST Act, 2017, as goods and services are not naturally bundled when owners can procure major equipment independently. Since the applicant does not supply the major PV modules (70% of project value) due to high sea sale arrangements, no principal supply exists warranting 5% GST rate. Sub-contractors must be taxed individually based on their specific supply nature, without benefit of concessional rates applicable to main contractors. Case-Laws GST Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362300