DPJ Bidar - Chincholi (Annuity) Road Project Private Limited Vs Union Of India
Date: July 11, 2022
Subject Matter
CBIC Circular Imposing GST On Annuity Payments Awarded By Highway Authorities To concessionaires is quashed
Summary
Department contended that the clarification made by way of a Circular 150/6/2021 clarifies that what is exempted is only service by way of access to a road or a bridge on payment of annuity and not annuity (deferred payments) paid for construction of…
Petitioners in both the writ petitions are concessionaires who have been entrusted with construction of road by respondent no.7-Karnataka Road Development Corporation Limited. As a consideration for construction and maintenance of the roads for the contract period, the petitioners are paid certain amounts termed as ‘annuity’ by respondent no.7. In certain contracts where construction a…