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FAQ :
The notification clarifies the applicability of GST on road construction projects where payments are received through deferred annuity payments.
This notification is relevant to entities involved in road construction projects that receive payments on a deferred basis, specifically through annuities.
The notification clarifies the GST treatment for the activity of road construction when considerations are received in the form of deferred payments (annuity).
You can download the official notification from the provided link within the article.
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Source : http://www.cbic.gov.in/htdocs-cbec/gst/Circular_Refund_150.pdf