https://www.taxtmi.com/caselaws?id=384282 The ruling clarified that the cost of tools provided by the Original Equipment Manufacturer (OEM) on a free-of-cost basis did not need to be added to the value of parts supplied by the Applicant, making it not liable for GST. The decision was based on the examination of the contract with Tata Autocomp Systems Ltd., stating that the tools supplied by the customer on a returnable basis without any consideration did not attract GST. The ruling would apply to similar contracts where tools are provided by the OEM at no cost for production purposes. en-us Tue, 16 Jul 2019 00:00:00 +0530 Tue, 11 Mar 2025 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384282 The ruling clarified that the cost of tools provided by the Original Equipment Manufacturer (OEM) on a free-of-cost basis did not need to be added to the value of parts supplied by the Applicant, making it not liable for GST. The decision was based on the examination of the contract with Tata Autocomp Systems Ltd., stating that the tools supplied by the customer on a returnable basis without any consideration did not attract GST. The ruling would apply to similar contracts where tools are provided by the OEM at no cost for production purposes. Case-Laws GST Tue, 16 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384282