GST on annuity payable by NHAI leviable only if invoice is raised or amount is received: Madras HC

K N R Srirangam Infra Pvt Ltd. Vs State Tax Officer (Madras High Court)

Madras High Court held that petitioner providing services to National Highways Department of India (NHAI) is not liable to pay GST till either invoice is raised or amount/ payment is received in Annuities.

Facts- Petitioner is providing services to the National Highways Department of India and that the considerations are received in two parcels. 40% of the consideration is received during the execution of work and remaining 60% of the consideration is received annually over the next 14

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