AAR : 'Inputs' conversion into 'industrial gases' for Principal, constitutes 'job-work', taxable at 18%

Oct 26,2018

Kerala AAR holds that activity of conversion of 'inputs' received ‘free of cost’ (FOC) by applicant from Principal and manufacturing ‘industrial gases’ amounts to ‘job-work’; Notes that under proposed business model, Principal would commence movement of inputs on FOC basis to applicant’s plant through pipeline under Rule 55 (b) of GST Rules and applicant shall issue monthly tax invoice for conversion charges of inputs to industrial gases; Observes, inp...


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