https://www.taxtmi.com/highlights?id=105588 Registered concessionaires under Toll-Operate-Transfer concession agreements must pay Union Territory tax on operation and maintenance services supplied to concessioning authorities during the concession period. Tax is payable in the tax period when operation and maintenance expenditure is charged or debited to the escrow account maintained under the agreement. The arrangement covers agreements granting exclusive toll collection and appropriation rights for a road or highway, requiring upfront concession fees and operation and maintenance obligations. It takes effect on 1 November 2026. en-us Thu, 29 Oct 2026 15:53:46 +0530 Thu, 29 Oct 2026 15:53:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105588 Registered concessionaires under Toll-Operate-Transfer concession agreements must pay Union Territory tax on operation and maintenance services supplied to concessioning authorities during the concession period. Tax is payable in the tax period when operation and maintenance expenditure is charged or debited to the escrow account maintained under the agreement. The arrangement covers agreements granting exclusive toll collection and appropriation rights for a road or highway, requiring upfront concession fees and operation and maintenance obligations. It takes effect on 1 November 2026. Highlights GST Thu, 29 Oct 2026 15:53:46 +0530 https://www.taxtmi.com/highlights?id=105588