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

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.... **** CIRCULAR NO. 103/2021-GST Dated Dispur the 21st June, 2021. Subject: Clarification regarding applicability of GST on the activity of construction of road where considerations are received in deferred payment (annuity)-reg. No. CT/GST-15/2017/465. Certain representations have been received requesting for a clarification regarding applicability of GST on annuities paid for constru....

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....ries 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 covers general construction services of highways, streets, roads railways, airfield runways, bridges and tunnels. Consideration for construction of road service may be paid parti....