GST on annuity received for construction of roads – A never ending chaos!

Dan Brown said “When a question has no correct answer, there is only one honest response. The grey area between yes and no. Silence”. This indeed is the stance of the Government in resolving various grey issues left unanswered under GST. One such issue is taxability of annuity received by the concessionaires from Government/NHAI in execution of road projects. Before the deep dive, it is pertinent…