Rajasthan HC Stays GST Recovery on Highway Annuities

Reengus Sikar Expressway Limited. Vs Additional Director (Rajasthan High Court) The Rajasthan High Court is currently examining the validity of Circular No. 150/2021, which brings annuity payments related to highway construction under the purview of the Goods and Services Tax (GST). The case, Reengus Sikar Expressway Limited Vs Additional Director, involves a challenge by a company engaged in the construction of National Highways. The petitioner’s counsel argued that there was an initial understanding and contemplation, even during the GST implementation process, that the annuity system,...