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

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...., Andhra Pradesh CIRCULAR No. 05/2021(STATE) IN REFERENCE TO 150/06/2021(CENTRAL), Dt. 30/06/2021 Sub:-Clarification regarding applicability of GST on the activity of construction of road where considerations are received in  deferred payment (annuity )-reg. Ref:- From the GOI, MOF, DOR, CBIC, Circular No.150/06/2021-GST, dated 17-06-2021. Certain representations have been receive....

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....Roads & streets; 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 23 A 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 al....