Rajasthan High Court stayed GST recovery on annuity payments and issued notice on the challenge to the validity of Circular No. 150/2021
In a recent ruling, the Rajasthan High Court stayed the recovery of GST on annuity payments received under the hybrid annuity model for highway construction considering the challenge to the validity of Circular No. 150/06/2021-GST dated 17.06.2021. Reengus Sikar Expressway Limited, the petitioner, a company engaged in the construction of national highways, filed a writ…
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