GST exemption on annuity payments applies to access services, not to annuities for road construction services. Services providing access to a road or bridge are exempt when consideration is annuity under the notification entry for supporting transport services (heading 9967), but construction of roads is classified as general construction services (heading 9954), and the access-service exemption does not apply to construction even if payment is deferred; consequently annuity payments for road construction are not exempt from GST.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST exemption on annuity payments applies to access services, not to annuities for road construction services.
Services providing access to a road or bridge are exempt when consideration is annuity under the notification entry for supporting transport services (heading 9967), but construction of roads is classified as general construction services (heading 9954), and the access-service exemption does not apply to construction even if payment is deferred; consequently annuity payments for road construction are not exempt from GST.
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