https://www.taxtmi.com/article/detailed?id=11393 Where a BOO contract preserves ownership of plant with the operator and only grants an option to the counterparty to acquire the plant later for fair value, fixed charges that recover investment, indexation components or manpower costs are consideration for supply or services and do not constitute a transfer of property; taxability should be determined by the actual taxable event of property transfer, not by the economic recovery of capital through fixed payments. en-us Fri, 12 May 2023 12:11:54 +0530 Fri, 12 May 2023 12:11:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11393 Where a BOO contract preserves ownership of plant with the operator and only grants an option to the counterparty to acquire the plant later for fair value, fixed charges that recover investment, indexation components or manpower costs are consideration for supply or services and do not constitute a transfer of property; taxability should be determined by the actual taxable event of property transfer, not by the economic recovery of capital through fixed payments. Articles Value Added Tax - VAT and CST Fri, 12 May 2023 12:11:54 +0530 https://www.taxtmi.com/article/detailed?id=11393