Case Law Details
In re Jaiprakash Associates Limited (GST AAR Telangana)
In the case of Jaiprakash Associates Limited, the applicant sought clarification on the time of supply and issuance of tax invoices for work executed from September 2010 to June 2017. The work in question involved the execution of tunnels as part of a government contract. Here are the key points from the ruling:
Background: Jaiprakash Associates Limited was awarded a government contract by the Irrigation and CAD Department of the Government of Andhra Pradesh. The contract involved the execution of tunnels, including the use of Tunnel Boring Machines (TBMs). During the execution, the applicant encountered varying site conditions that resulted in lower work progress and increased costs. The government approved revised rates for the work beyond the agreement period.
Questions Raised and Rulings:
Time of Supply: The applicant inquired about the time of supply for the work executed from September 2010 to June 2017. The ruling clarified that the time of supply is the date on which the consideration or payment is received. In this case, it relates to the upward price revision received for work executed before the appointed day (July 1, 2017).
Please become a Premium member. If you are already a Premium member, login here to access the full content.
