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

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....05 PRESENT: Thiru M.A. SIDDIQUE I.A.S , PRINCIPAL SECRETARY/ COMMISSIONER OF STATE TAX Circular No:  8/2021 - TNGST (PP6/GST-15003/28/2021) Dated: 21.09.2021 Sub:  Clarification  regarding  applicability of GST on the activity of construction of road where considerations are received  in   referred payment (annuity)- regarding Ref: ....

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....nt of annuity [entry 23A of G.O. (Ms) No.130, Commercial Taxes and Registration Department   dated 13.10.2017 published in the Tamil Nadu Government Gazette, Extraordinary, in  Issue  No. 328  vide  Notification  No..II(2)/CTR/858(a-6)/2017,  dated 13.10.2017]  in  Heading  9967  covers  "supporting  services  in  tran....

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....ice may be paid partially upfront and partially in deferred annual  payments (and may be called annuities).  Said entry 23A does not apply to services falling under heading 9954 (it specifically covers heading 9967 only). Therefore, plain reading of entry 23A makes it clear that it does not cover construction of road services (falling under heading 9954), even if deferred payment is made....