said order to invoke arbitration clause
of the EPC contract agreement i.e., clause- 26 was in relation to
all grievances raised by it including ... agreement, the respondent-
SHAJ has rightly invoked Clause 23.6.1 of the EPC
contract agreement and has encashed/appropriated
the performance security as a predetermined
compensation
directed
to make payment of the Engineering, Procurement and Construction (EPC)
contract bill, in the account of the lead member ... been formed, for doing the
contract work pertaining to the EPC contract relating to an electrical railway line
between Jiribam to Noney under
terms of Clause 17.5.1 of the Engineering,
Procurement and Construction (EPC) Contract Agreement, the respondent authorities
were to release payments in relation to the EPC ... parties of the Joint Venture
and payments with respect to the EPC contract would be deposited in the Joint Venture
account.
5. Mr. H Gupta
EPC for agreement with the
construction of road government
Engineering Procurement and Construction (EPC) - Engineering
Procurement and Construction is a contract where contractor is paid ... contracting.
c. In general terms, EPC contract is turnkey, but not all turnkey contracts
are EPC.
Thus, an EPC contractor undertakes the entire risk
that such individual
stand alone contracts cannot be compared with the EPC contract that
had several other factors built in it affecting various elements thereof ... EPC contract without critically examining the
nature of the contract;
(v) The adjudicating authority could not have ignored
that the so-called EPC contracts
clause "works contract" means a
contract wherein, (1) transter of property in goods
involved in the execution of such contract is leviable ... Larsen & Toubro Ltd. reference, a
turnkey/EPC contract is taxable prior to 1-6-2007 as well.
On and since 1-6-2007, turnkey
concluded that both supply and service
contracts are single contract of composite
Works Contract. Therefore, the contention of
the Department is completely baseless and
absolutely ... Ground: Misclassification of Contracts Works
Contract" "Composite Turnkey
(iv) The OIO correctly held that the contracts for
supply and service were inseparable parts
concluded that both supply and service
contracts are single contract of composite
Works Contract. Therefore, the contention of
the Department is completely baseless and
absolutely ... Ground: Misclassification of Contracts Works
Contract" "Composite Turnkey
(iv) The OIO correctly held that the contracts for
supply and service were inseparable parts
clause, "works
contract" means a contract wherein,--
(i) transfer of property in goods involved in the execution of
such contract is leviable ... composite works contract only
consisting of more than one service and the contract as a whole is
classifiable as works contract service only on applying
clause- "works contract"
means a contract wherein-
i) transfer of property in goods involved in the execution of such contract
is leviable ... APIICL are works contract,
an undisputed fact. The said contracts would definitely be covered
under definition of works contract services under the Finance
