Clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred payment (annuity)

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..../2021/610-616 Dated : 16/07/2021 CIRCULAR NO. 02/2021-GST (Ref. Circular No. 150/06/2021-GST of Central Tax) Sub-Clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred payment (annuity)-reg. Certain representations have been received requesting for a clarification regarding applicability of GST on annuities paid for c....

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....bridge on payment of toll". Together the entries 23 and 23A exempt access to road or bridge, whether the consideration are in the form of toll or annuity [heading 9967]. 2.2 Services by way of construction of road fall under heading 9954. This heading inter alia covers general construction services of highways, streets, roads railways, airfield runways, bridges and tunnels. Consideration for cons....