Case LawAdvance Ruling No. GUJ/GAAR/R/2024/16
Vijai Electricals Limited ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Gujarat
- Date:
- July 1, 2024
- Type:
- Advance Ruling
- Members:
- Amit Mishra, Milind Kavatkar
Subject
GST on advance payments and the divisibility of turnkey contracts
Works Contract
Summary
The Gujarat Authority for Advance Ruling (AAR) examined a request from M/s Vijai Electricals Limited regarding GST on advance payments in a turnkey contract. The contract involved two parts: the supply of a plant and the provision of installation ser…
Judgement
M/s. Vijai Electricals Ltd., 15, Jaldeep Entice, Bopal Road, Ahmedabad- 380 058 [for short—`applicant’] is registered under GST and their GSTIN number is 24AAACV7259B1ZI. 2. The applicant is engaged in the EPC contract business with various distribution companies [DISCOMS] like Paschim Gujarat Vij Company Ltd [PGVCL]. 3. The applicant has further stated that they have a turnkey contrac…