GST levy on annuity received by petitioner - dispute on timing ...

Annuity tax dispute: When does GST liability arise for road maintenance? Court favors tax payment timeline in CBIC circular.

Case Laws GST

October 3, 2024

GST levy on annuity received by petitioner - dispute on timing of liability. Authorities viewed liability arising from concession period commencement date, considering annuity for road maintenance. Petitioner disagreed. CBIC circular clarified tax payable on invoice issuance or annuity receipt, whichever earlier. HC set aside orders, directing authorities to collect tax per CBIC circular.

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GST levy on annuity received by petitioner - dispute on timing ...

Annuity tax dispute: When does GST liability arise for road maintenance? Court favors tax payment timeline in CBIC circular.

Case Laws GST

October 3, 2024

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