News
Maharashtra authority calls maintenance contracts a service
- Date:
- March 11, 2019
- Source:
- Times Of India
Giving clarity on goods and services tax ( GST ) to those providing annual maintenance contracts (AMCs) for several items, including white goods and electronic products, the Maharashtra Authority for Advance Ruling ( AAR ) has said that AMCs are a “composite supply” and classified them as service. The issue, raised by Cummins India — which provided AMCs for diesel and natur…