Facts, Terms & Intention of Parties Determine Sale or Works Contract: CESTAT Chennai

IL & FS Water Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai) CESTAT Holds BOOT Water Supply Project Was Works Contract Because Dominant Intention Was Execution of Project;  No CENVAT Credit Reversal Because Material Transfer in Works Contract Was Not Trading: CESTAT;  CESTAT Sets Aside Service Tax Demand Because Works Contract Could Not Be Split Into Trading Activity; Transfer of Goods in Pipeline Project Did Not Amount to Sale or Exempt Service: CESTAT. The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, allowed the appeal challenging an Order-in...