WebJul 27, 2024 · AAR ruled the activities involved are that of works contact for construction of road. Applicant was liable to pay applicable GST on full value during two years of construction period. GST shall be paid at the time of issue of invoices or receipt of payment of tax, whichever is earlier. WebJan 18, 2024 · Likewise, H/CS attracting 5% GST, their sub-contractor would also be liable to pay @ 5%.”. National Highways Authority of India was set up by an act of the …
GST: Taxability of annuity on road construction still a grey area
WebSep 15, 2024 · In the given circumstances the applicant has to pay GST on full value of cost of project during the period of construction. The annuity received by the applicant is … Web2 days ago · It’s time for a repositioning of Manitoba’s role in the global trade network, the province’s construction advocates say. *Billed as $19.00 plus GST every four weeks. Cancel anytime. It’s ... on the operating system
Mom of boy killed in road rage shooting tried to save kids
WebApr 10, 2024 · The appellate authority held that the works contract services for the road construction provided by the sub-contractor to PWD, Uttarakhand, who in turn is providing works contract services of road construction to M/s.NHPC Ltd., is not exempted from GST. The sub sub-contractor was denied the benefit of the exemption notification. WebMay 31, 2024 · The GST Council in its 43rd meeting held on May 28, 2024 has clarified that GST is payable on annuity payments received as deferred payment for construction of … Web2 hours ago · A company has been fined £800,000 for safety failures which led to the death of a 10-year-old boy. Shea Ryan died after falling down a manhole on a construction site in Drumchapel, Glasgow. The Crown Office said Glasgow Sheriff Court was told that Shea, along with other children, got into the site through an insecure fence on July 16, 2024. on the opinion