https://www.taxtmi.com/caselaws?id=376904 A turnkey supply involving machinery, civil construction, erection, installation and commissioning for an immovable factory was treated as a composite works contract and qualified for the concessional rate for original works relating to railways. The wet leasing arrangements were composite supplies of services but not works contracts because they did not involve immovable property, and the maintenance arrangements were also composite but not covered by the same concessional entry. For valuation, invoices were to follow the contractual arrangements, with each invoice valued at transaction value subject to the statutory inclusions and exclusions under GST valuation rules. en-us Tue, 22 Jan 2019 00:00:00 +0530 Fri, 07 Mar 2025 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376904 A turnkey supply involving machinery, civil construction, erection, installation and commissioning for an immovable factory was treated as a composite works contract and qualified for the concessional rate for original works relating to railways. The wet leasing arrangements were composite supplies of services but not works contracts because they did not involve immovable property, and the maintenance arrangements were also composite but not covered by the same concessional entry. For valuation, invoices were to follow the contractual arrangements, with each invoice valued at transaction value subject to the statutory inclusions and exclusions under GST valuation rules. Case-Laws GST Tue, 22 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376904