https://www.taxtmi.com/article/detailed?id=9979 Annuity payments by NHAI to concessionaires for road projects may be taxable if those receipts are treated as consideration for construction/works-contract services, because the exemption entries were framed for supporting transport services rather than construction services. Though Council minutes and an appellate ruling indicate intent to treat annuity like toll (and thus exempt), a government clarification limited the exemption's scope, creating an unresolved classification gap. The article urges industry representations and use of government exemption powers to secure relief for annuity-paid construction receipts. en-us Wed, 01 Sep 2021 21:51:29 +0530 Wed, 01 Sep 2021 21:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9979 Annuity payments by NHAI to concessionaires for road projects may be taxable if those receipts are treated as consideration for construction/works-contract services, because the exemption entries were framed for supporting transport services rather than construction services. Though Council minutes and an appellate ruling indicate intent to treat annuity like toll (and thus exempt), a government clarification limited the exemption's scope, creating an unresolved classification gap. The article urges industry representations and use of government exemption powers to secure relief for annuity-paid construction receipts. Articles Goods and Services Tax - GST Wed, 01 Sep 2021 21:51:29 +0530 https://www.taxtmi.com/article/detailed?id=9979