Clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred payment (annuity)

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.... TRADE CIRCULAR No. JC (HQ)-1/GST/2021/ADM-8 dated 02/07/2021 Trade Circular No. 13 T of 2021 To ............................. ................................ Subject: Clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred payment (annuity) Re: Circular No. 150/06/2021-GST dated the 17^th June. 2....

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.... North Block, New Delhi, Dated the 17th June, 2021 To, The Principal Chief Commissioners/ Chief Commissioners/ Principal Commissioners/ Commissioner of Central Tax (All) / The Principal Director Generals/ Director Generals (All) Madam/Sir, Sub-Clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred paym....

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....reets; bridges and tunnel operation services". Entry 23 of said notification exempts "service by way of access to a road or a bridge on payment of toll". Together the entries 23 and 23A exempt access to road or bridge, whether the consideration are in the form of toll or annuity [heading 9967]. 2.2 Services by way of construction of road fall under heading 9954. This heading inter alia cov....