https://www.taxtmi.com/circulars?id=70628 HAM highway concession agreements for construction, operation and maintenance constitute a single continuous supply of services and cannot be split based on staggered payment terms. Where invoices are issued by the specified contractual date or event-completion date, tax liability arises on the earlier of invoice issuance or receipt of payment. If invoices are not timely issued, liability arises on the earlier of the contractual payment due date, treated as the service-provision date, or receipt of payment. Interest included in annuity instalments is includible in taxable value. en-us Tue, 09 Jul 2024 00:00:00 +0530 Sat, 01 Aug 2026 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70628 HAM highway concession agreements for construction, operation and maintenance constitute a single continuous supply of services and cannot be split based on staggered payment terms. Where invoices are issued by the specified contractual date or event-completion date, tax liability arises on the earlier of invoice issuance or receipt of payment. If invoices are not timely issued, liability arises on the earlier of the contractual payment due date, treated as the service-provision date, or receipt of payment. Interest included in annuity instalments is includible in taxable value. Circulars GST - States Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70628