Aluminium Foil Type Winding Inverter Duty Transformer: 70% Goods, 30% Services Split for Effective 8.9% Rate.

Classification of supply of goods - Aluminium Foil Type Winding Inverter Duty Transformer - by devising certain clauses, it is sought to bring about a splitting up of the intended purchase of the Transformer, as a one whole, into a purchase of goods and a purchase of services. However, the intended purpose to present the agreement as a contract for supply of goods ONLY has not achieved the desired purpose. The agreement is for supply of an effectively running Transformer. - out of the gross value of the supply, 70% shall be deemed to be on account of goods and 30% deemed to be on account of service. Accordingly, the effective rate came to 8.9%. - AAR .....

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