India: Guidance that deferred payments for road construction not exempt from GST held invalid (high court decision)

A high court decision concerning deferred payments for road construction

A high court decision concerning deferred payments for road construction

The Karnataka High Court held that guidance from the Central Board of Indirect Taxes and Customs (CBIC) stating that annuity (deferred payments) paid for construction of roads is not exempt from goods and services tax (GST) was invalid.

The case is: DPJ Bidar – Chincholi (Annuity) Road Project Private Limited & Anr. v. Union of India & Ors

Read a July 2022 report [PDF 441 KB] prepared by the KPMG member firm in India


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