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

Certain representations have been received requesting for a clarification regarding applicability of GST on annuities paid for construction of road where certain portion of consideration is received upfront while remaining payment is made through deferred payment (annuity) spread over years.  2.  This issue has been examined by the GST Council in its 43rd meeting held on 28th May, 2021.&…