https://www.taxtmi.com/caselaws?id=425759 HC held that under Notification No. 12/2017, toll charges collected by concessionaires as consideration for construction, maintenance, operation and road access are fully exempt from GST from 01.07.2017. Following the GST Council's 22nd meeting, Notifications No. 32/2017 and 33/2017 exempted annuity paid in lieu of toll, including components for construction and maintenance, treating annuity on par with toll. The impugned clarificatory circular, which sought to tax the construction component of annuity, was found contrary to and overriding the exemption notifications issued under s.11 CGST Act and s.6 IGST Act. HC declared the circular dated 17.06.2021 bad in law and set it aside, disposing of the petition. en-us Mon, 11 Jul 2022 00:00:00 +0530 Thu, 11 Dec 2025 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425759 HC held that under Notification No. 12/2017, toll charges collected by concessionaires as consideration for construction, maintenance, operation and road access are fully exempt from GST from 01.07.2017. Following the GST Council's 22nd meeting, Notifications No. 32/2017 and 33/2017 exempted annuity paid in lieu of toll, including components for construction and maintenance, treating annuity on par with toll. The impugned clarificatory circular, which sought to tax the construction component of annuity, was found contrary to and overriding the exemption notifications issued under s.11 CGST Act and s.6 IGST Act. HC declared the circular dated 17.06.2021 bad in law and set it aside, disposing of the petition. Case-Laws GST Mon, 11 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425759