https://www.taxtmi.com/article/detailed?id=16442 GST consequences at the end of a BOT concession differ between completed buildings and movable assets. Handback of terminal buildings and civil structures does not attract GST, but permanent transfer or disposal of movable business assets on which input tax credit was availed is treated as a supply even on an "as is where is" basis. The liability is determined by the higher of tax on transaction or open market value and the residual input tax credit after prescribed pro-rata reduction. en-us Mon, 18 May 2026 08:45:00 +0530 Mon, 18 May 2026 08:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16442 GST consequences at the end of a BOT concession differ between completed buildings and movable assets. Handback of terminal buildings and civil structures does not attract GST, but permanent transfer or disposal of movable business assets on which input tax credit was availed is treated as a supply even on an "as is where is" basis. The liability is determined by the higher of tax on transaction or open market value and the residual input tax credit after prescribed pro-rata reduction. Articles Goods and Services Tax - GST Mon, 18 May 2026 08:45:00 +0530 https://www.taxtmi.com/article/detailed?id=16442