https://www.taxtmi.com/caselaws?id=766925 The AAAR Gujarat dismissed the appeal concerning GST valuation of a work contract service. The authority held that the EPC contract between the parties was an indivisible lumpsum turnkey contract, rejecting the appellant's argument for contract division. The SC precedents cited by the appellant were distinguished as the contractor was contractually bound to supply both goods and services. Regarding High Sea Sale goods, the AAAR ruled that despite HSS transactions being treated as neither goods nor services supply under Schedule III of CGST Act, their value must be included in transaction value for GST calculation on work contract services since the contractor remained contractually liable for both goods and services supply. en-us Fri, 28 Feb 2025 00:00:00 +0530 Wed, 04 Jun 2025 20:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766925 The AAAR Gujarat dismissed the appeal concerning GST valuation of a work contract service. The authority held that the EPC contract between the parties was an indivisible lumpsum turnkey contract, rejecting the appellant's argument for contract division. The SC precedents cited by the appellant were distinguished as the contractor was contractually bound to supply both goods and services. Regarding High Sea Sale goods, the AAAR ruled that despite HSS transactions being treated as neither goods nor services supply under Schedule III of CGST Act, their value must be included in transaction value for GST calculation on work contract services since the contractor remained contractually liable for both goods and services supply. Case-Laws GST Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766925